Market Update for Tuesday, July 25th, 2023

Good afternoon, traders.

Our nice little bear flag from yesterday did what markets that are still bullish do: instead of breaking down, it melted up.


Given the barely-eeked-out new high, I have to do this with the count:

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Right now, after the bell, GOOGL is up, MSFT down, and we have FOMC tomorrow. We’ll have to see how things develop. I hope everyone has a fine evening.

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