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Weakness abounds.
I keep an eye on some of the best US quoted multinational companies and there is continued and growing weakness. Take a look at the LEV of the following :-
BRK.B COST DEO DIS GILD HSY IBM KO MMM MSFT PG PM WMT
No signs of institutional buying of these stalwarts.
Worth watching for any signs of life. The market will not go up very far without them.
Any observations appreciated.
Trev
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