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	<title>Micro Cap Press Blog</title>
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		<title>Market Outlook - Closer to the Meltdown, Here&#8217;s What it Will Take</title>
		<description><![CDATA[Well, technically, it was a winning week - the S&#038;P 500 gained 0.18 points (0.001%) over the past five trading days. While a gain is a gain is a gain, it&#8217;s clear there&#8217;s something amiss here. Perhaps it&#8217;s just a holding pattern for the election. Or, perhaps the tank really is out of gas.
Visually, the [...]]]></description>
		<link>http://www.microcappress.com/blog/market-outlook-closer-to-the-metldown-heres-what-it-will-take/1442/</link>
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		<title>Sector Race Gets Up-Ended, While Style/Cap Race Lead Widens</title>
		<description><![CDATA[It was quite a change of fortune last week on the sector front. Gold stocks, which had been hugging the bottom for a few weeks, made their way to the top of the pile over the past five sessions. As tempting as it would be to jump on the hot spot that&#8217;s got such a [...]]]></description>
		<link>http://www.microcappress.com/blog/sector-race-gets-up-ended-while-stylecap-race-lead-widens/1440/</link>
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		<title>Earnings So Far&#8230;Utilities and Industrials Rock, Plus Earnings Calendar</title>
		<description><![CDATA[We&#8217;re about halfway through earnings season, and so far so good. About 75% of reporting companies have topped earnings estimates, while 84% have beat last year&#8217;s operating earnings figures.
The most earnings &#8216;beat&#8217; successes have come - ironically - from the utilities sector, which was supposed to be a poor performer for Q3. The consumer discretionary [...]]]></description>
		<link>http://www.microcappress.com/blog/earnings-so-farutilities-and-industrials-rock-plus-earnings-calendar/1435/</link>
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		<title>Two Weeks&#8217; Worth of Economic Data, in Less Than 500 Words and Three Pictures</title>
		<description><![CDATA[Real estate data dominated last week&#8217;s economic updates, and overall, things were positive on that front. Existing homes sold at an annual rate of 4.53 million&#8230; much better than expected, and much better than last month&#8217;s sales. New home sales were up to an annual rate of 307K. Home prices went up too, anywhere from [...]]]></description>
		<link>http://www.microcappress.com/blog/two-weeks-worth-of-economic-data-in-less-than-500-words-and-three-pictures/1432/</link>
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		<title>Economic Reality in Less Than 500 Words, Plus an Earnings Calendar</title>
		<description><![CDATA[If we had to grade the economy based on last week&#8217;s news, we&#8217;d have to give it a C-.
Industrial production and capacity utilization both slipped. It wasn&#8217;t by a lot, and certainly doesn&#8217;t change the overall trend direction of that data. All big trends start as small trends though. That said, this set of data [...]]]></description>
		<link>http://www.microcappress.com/blog/economic-reality-in-less-than-500-words-plus-an-earnings-calendar/1420/</link>
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		<title>S&#038;P 500&#8217;s Upsides and Downsides - In the Balance</title>
		<description><![CDATA[One thing is undeniable - the bulls&#8217; momentum. It&#8217;s what you can&#8217;t see under the surface that&#8217;s so troubling. Let&#8217;s just go through the pros and cons we&#8217;re seeing for the SPX, one at a time.

What&#8217;s Bullish:

Remember the floor at 21.50 we mentioned the VIX needed to break under for the bulls to get traction? [...]]]></description>
		<link>http://www.microcappress.com/blog/sp-500s-upsides-and-downsides-in-the-balance/1417/</link>
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		<title>Last Week&#8217;s Sector Performance: What Was Hot is Now Cold, &#038; Vice Versa</title>
		<description><![CDATA[From worst to best in one week flat. That&#8217;s the financial sector right now&#8230; on top of the pile this week after finding itself at the bottom last week. Given the group&#8217;s weak performance over the last several months though, this revival could last quite a while longer - especially now that we&#8217;re seeing some [...]]]></description>
		<link>http://www.microcappress.com/blog/last-weeks-sector-performance-what-was-hot-is-now-cold-vice-versa/1415/</link>
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		<title>Breadth and Depth Trends Point the Market Lower</title>
		<description><![CDATA[With all eyes looking at the broad market rather than individual stock trading ideas on Tuesday, we may as well do the same and focus on a chart worth sharing that may convince you Tuesday&#8217;s pullback isn&#8217;t just a little volatility - it&#8217;s a glimpse of the undertow. First things first though&#8230;. a little background [...]]]></description>
		<link>http://www.microcappress.com/blog/breadth-and-depth-trends-point-the-market-lower/1405/</link>
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		<title>Sandbox Portfolio: More Exits - La Barge (LB) &#038; SeaChange Intl. (SEAC)</title>
		<description><![CDATA[Well, we knew it couldn&#8217;t last forever, and we had even started getting hints that a pullback was here. After today&#8217;s drubbing though, I think we can safely say the downside move has been kick-started. While I don&#8217;t expect a complete implosion for stocks, we&#8217;re due for a pullback big enough top merit the exit [...]]]></description>
		<link>http://www.microcappress.com/blog/sandbox-portfolio-more-exits-la-barge-lb-seachange-intl-seac/1402/</link>
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		<title>Building Permits &#038; Starts Split September, Still Getting Better Overall</title>
		<description><![CDATA[Though inherently erratic, we can still make meaningful qualitative observations about last month&#8217;s housing permits and starts. Here&#8217;s a short but important one.
In a nutshell, we&#8217;re seeing progress. It&#8217;s ugly, but it&#8217;s progress. We still feel construction capacity is too great given demand, which bodes poorly for builders. But, there&#8217;s a light at the end [...]]]></description>
		<link>http://www.microcappress.com/blog/building-permits-starts-split-september-still-getting-better-overall/1409/</link>
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