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VOLATILITY GETS SCARY

|Includes:AAXJ, AFK, AMZN, BRF, CSCO, DBB, DJP, EEM, EFA, EPI, EWJ, EWP, EWZ, FDN, FXE, FXI, FXY, GLD, GOOG, GS, HAO, IBB, IEF, IGN, IGV, IYR, IYT, MU, ORCL, QQQ, RSX, SLV, SMH, SPDR S&P 500 Trust ETF (SPY), UNL, USL, XLB, XLE, XLF, XRT

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I was asked the other day while in NYC about why the markets are so difficult right now. I pointed out the amount of redemptions taking place as a sign of something more important -- people have lost trust in the markets. They see it as rigged and only favoring insiders, some large hedge funds, trading desks and HFTs. The Fed's policy of promoting stocks through QE has turned markets into a casino making rallies seem hollow. Government policies such as they are lack focus. Taken together, these are major turn-offs for Main Street

 

 

Stocks: SPY, QQQ, ORCL, IGV, CSCO, IGN, MU, GOOG, AMZN, FDN, SMH, GS, XLF, IBB, XRT, XLB, IYT, IYR, IEF, FXE, FXY, GLD, SLV, DJP, USL, UNL, XLE, DBB, EFA, EEM, EWJ, EWP, AAXJ, AFK, EWZ, BRF, RSX, EPI, FXI, HAO