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[Premium] More Pain Ahead For These Dow Laggards?

June 9, 2016

From the desk of Tom Bruni @brunicharting

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Both American Express and Goldman Sachs have been serious under-performers off both the August 2015 and January 2016 lows when the broader market put in major bottoms. While there have been other laggards in the Dow like Nike, Apple, and Disney, both Goldman Sachs and American Express are currently offering short setups where the risk is well-defined and the risk/reward is elevated.

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