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Shah’s Take on the Market: The Dow Needs to Reach This Level Before I’ll Jump In

0 | By Wall Street Insights and Indictments Staff

The shifting sands of 2018 turned Shah Gilani from a “raging” bull to one of a more cautious variety. But now, a week and a half into the New Year, it’s plain to see that the market wants to go up. According to Shah, we’re in the preliminary stages of a melt-up, but we aren’t out of the woods yet…

On this week’s episode of Varney & Co., the panel of experts discusses what earnings could bring. The market, which is jittery at best as we enter earnings season, desperately wants to see strong earnings, and if things go south, the market will undoubtedly take it on the chin. And before Shah is even comfortable with jumping back into the market, the Dow must reach one specific level…


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