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On the surface, the headlines look pretty good, certainly less bad than they were a week ago.

We’ve had some more data filter in in the meantime, but we shouldn’t be fooled: data isn’t the trend.

For instance, we’ve seen durable goods spike and new home sales rise… right? Well, net-net home sales are falling and durable goods numbers are due for revisions - probably lower.

No, price is telling us the real story here, and it’s pointing toward some defined-risk moves that’ll let us scoop up premium, too.

Now let’s look at some stocks…

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