January 31, 2024

Markets were weak on Wednesday and the FED chair indicated that interest rate cuts are not as imminent as the market was hoping.

In response the S&P 500 was down 1.6%.

Oil was down about 3% and Toronto stock index was down 1.0%.

Accordingly the great majority of stocks on our list were down modestly

lululemon was notable with a 5.7% drop.

This decline should come as no big surprise at all after all the recent gains.



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