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SP 500 and NDX December Futures

SP 500 and NDX December Futures

Courtesy of JESSE’S CAFÉ AMÉRICAIN

AAPL is driving the NDX and CAT is the bulk of the Dow Industrial rally. When stock markets become this narrowly driven on thin volumes it is generally a sign of window dressing, or tape painting, and a decline to come since the foundations are not based on sound investment but mere speculation and price manipulation. This week is the end of month and quarter for the hedge funds.

 


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