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Barchart
Barchart
Will Ashworth

Strong Earnings and an Inflated Buffett Indicator Are Sending Opposite Signals for the Market, and for These 2 Consumer Stocks

Tractor Supply TSCO Hamilton Beach Brands HBB Warren Buffett Fortune

I read about two conflicting signals in the markets this morning. One was very positive, while the other was entirely pessimistic. As I sat drinking my coffee at my local Starbucks (SBUX), I pondered what I should write about today. 

It’s Wednesday, so I typically discuss a stock that hit a new 52-week high or low based on the previous day’s action. Yesterday, there were 73 new 52-week highs and 21 new 52-week lows on the NYSE, and 138 new 52-week highs and 119 new 52-week lows on the Nasdaq Composite. 

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