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Some ‘Lunatic Stocks’ Look Poised to Drop

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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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