As my investment banker friends pointed out--not without considerable caveats--since its inception, the Nasdaq index has followed an exponential path--one that is remarkably like Moore's Law.

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Corrections Corp is currently priced close to the 10-day exponential moving average (EMA), and upward trending stochastics near 47, in addition to a relative strength index of 40, suggest the stock may be consolidating for a run higher.

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