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Tech to Rally Higher? NFLX kicked off the major tech earnings on Friday with a big earnings beat and a HUGE move higher. In yesterday's newsletter, I talked about a key reality that I think makes a very bullish case for the stock market, namely, that P/E ratios are actually shrinking even as stocks move aggressively higher. NFLX is one terrific case study for that reality. And even though the stock moved almost 10% in one day yesterday, the P/E ratio is STILL nowhere near as high as it was in 2021. It's a fascinating trend and one I'll be watching closely as tech earnings roll on. To your prosperity, — Stephen Ground Editor-in-Chief, ProsperityPub HOT TIPS Key Market Insights
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THINGS LEFT UNREAD In Case You Missed It
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