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Why Is The Nasdaq Rallying?

Market Depth

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The NDX to S&P 500 E-Mini Futures Ratio

The Nikkei 225 Index is the world's best performing major DM index. The NASDAQ 100 and NDX futures have been outperforming over the past eight weeks or so. A handful of tech stocks account for like what, 90% of the index gains this year. Microsoft, Amazon, Apple, Meta, Nvidia now account for a quarter of the S&P 500.

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