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1-29-25 Watching the Mega-cap Earnings Parade

Today is Mega-cap earnings Day, and there's also a lot of economic data to be revealed. Plus, this afternoon will see the latest announcement from the Federal Reserve. Expectations are for the Fed to hold firm on rates this time. Interestingly, despite Monday's selloff, money flows have continued to come into the markets. In fact, on Tuesday (1/28) the QQQ had its biggest inflow since 2021. Monday's market action was NOT the watershed event the bears were trying to make it out to be. Markets are not overbought yet; we're still on a solid buy signal. That's not to say a pullback can't happen…

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