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As U.S. stocks continue to stake out new highs ahead of the holidays, some say it’s beginning to look a lot like a meltup out there. With a patient Fed and TINA (aka there is no alternative), what could go wrong?
A selloff for one big popular stock cascading into an avalanche for the broader market? Maybe. Over the weekend, Tesla TSLA CEO Elon Musk worked Twitter into a frenzy, asking followers to vote on whether he should sell a 10% stake. After a vote to sell, shares are down around 5% in premarket.
Here’s…
