The US market was just about bullet proof on Friday. Microsoft came up short and the stock tanked. Amazon tanked 8%. Broadcom dropped 7%. The market ended up flattish. In the meantime, both the transport and the Dow index are now above their recent highs. The so called Dow Theory is now bullish....Time to turn bullish ? Maybe but be agile.....
The property market ? It is winter. Not a lot of new listings. Prices are holding up. What is there to tell ? The only good news is some houses (seemingly asking too much in my opinion) remain unsold.
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