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Some ‘Lunatic Stocks’ Look Poised to Drop


Boeing is finally breaking down, and some of the institutionally favored “lunatic stocks” such as GOOG and AMZN are struggling for loft. Check out my touts for these stocks and a few others for downside targets if the broad averages should relapse as the week draws to a close. Air pockets in some stocks that I track look pretty scary. A trade deal with China could always surprise, but this seems a longshot bet at this point, since the Chinese position reportedly has hardened in response to pressure from Trump.

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