I re-ran the regression of NDAQ versus the S&P, sadly the slope of the regression line from July 5th to yesterday is 0.12136 with a correlation of only 0.4978 so the relationship is very weak. I also don't see, from a fundamentals standpoint, the linkage. However, we will benefit from exchanges moving upward, I've no doubt about it, but just have not much statistical evidence to rely on.
Good luck to all, NMX seems to be good for traders at least, volatility is good for them.
Long & strong.
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