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Without FANG Stocks, the Market Has Gone Nowhere For Three Months

Without FANG Stocks, the Market Has Gone Nowhere For Three Months

For weeks I’ve been noting that stocks are being driven by a market rig.

By way of review, that rig is as follows:

1)   Someone slams the VIX lower.

2)   This forces risk-parity funds to buy stocks, usually the FANGs or large-cap Tech names (Facebook, Apple, Netflix, Google).

3)   FANGs rally, which due to the weighting in the S&P 500, forces the overall market higher.

The last point is key.

The Inconvenient Truth Behind The Net Neutrality Movement

Via Disobedient Media

The control of private information on the internet has been a contentious for as long as the people have been online. It has long been the consensus that maintaining internet freedoms is essential for free expression, the exchange of ideas and the ability for proponents of democracy and human rights activists to mobilize and advocate for political, social, and economic reform. Currently, the debate about internet freedom is centered around the concept of net neutrality.

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