



Short-squeezes, stock rotations and parabolic S&P moves rocked the day.
With oil down over the last two days, BP's stock has held up.
To justify buying at today's prices means that one expects a new Bull Market leg - something I remain dubious of.
Some top analysts are flashing a yellow light on the network equipment maker ahead of its quarterly report and amid tightening competition. But is caution really warranted for long-term investors?
It's likely to occur on a rolling basis and won't be that evident in the senior indexes.
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