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Wishing you a Happy Trading New Year!
Worst since 2008. But not worst December We haven’t had this many down days of 1% or more since 2008. In terms of both up & down volatility, December has actually not been that extreme. It only ranks tied for 10th in terms of the most 1%+ daily moves (since 1952).
The biggest “delta” worked well this year Fed’s BS remains the “biggest delta” out there. Markets topped out just when the BS “delta” rolled over late last year. Let’s see how next year develops….NASDAQ vs Fed BS rate of change. […]
Article Source: www.zerohedge.com
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