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Afternoon Note

Backing and Filling

By Charles Payne, CEO & Principal Analyst
2/26/2024 1:09 PM

There is a lot of backing and filling today, as the market prepares for key inflation data that will move the needle. (I’m no longer saying or hoping for the data to bring a satisfactory conclusion on inflation, especially when it comes in hot).

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Semiconductors and software names still act great, but overall, the market wants to take a break. 

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