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Year Two Is Tougher

Simon discusses how year two of a bull market is historically much tougher than year one, and the past few months are proving to be no exception. He comments on how the broad market averages have held up, but there is a lot of confusion and volatility underneath the surface. He also cautions against confusing a kneejerk stock price reaction with a poor earnings report. Finally, he highlights the mostly stellar results from the mega-cap Technology names.

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