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Daily Note

File Under Frothy Market

Jul 15, 2021

Thomas Thornton

  • Fed Chairman Powell said today "At times it's felt like a frothy market
  • I have some evidence to submit as a "frothy market" as seen on CNBC with Palm Beach real estate
  • I'm on Bloomberg TV today at 3:15 pm ET and will be talking about risk in the Nasdaq 100
  • I have an options trade on the note that I will talk about on the show
  • A rather choppy market today with continued bad market breadth
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