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AI Booming, But Where’s the Retail Trader? 5/26/23

CNBC's "Fast Money"

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The ITB Is Still Up 20-25% for the Year

The builders individually have done well. It's unbelievable how well the builders have done but when you have a mortgage rate that has doubled. I think if rates stay up here for a longer period of time you're going to see that flow through and we haven't seen that yet. Guy Dami: If those start to roll over on a technical basis this ITB could really be vulnerable over the next couple weeks.

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