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Powell Speech, New Home Sales: Daily Contrarian, May 24
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Powell Speech, New Home Sales: Daily Contrarian, May 24

Stocks are dropping again after disconcerting news for online advertisers after the close…

Good morning contrarians!

Stock futures are pointing to a lower open as of 0620. Tech is leading the drop with the Nasdaq down 1.6%. S&P 500 futures are down about 1%.

The cause for this was news from…

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