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Sunday, April 16, 2017

Weekly Wrap

Major indexes all dropped ahead of long weekend, investor also nervous about the rising nuke tension in the Korea Peninsula. The so-called "Fear Index" VIX index surged 24% this week to 15.96, highest since Nov 2016, an indication of increasing short positions.

Investor may take this opportunity to take cash off the table from market run up over past few months. Major indexes weekly performance as in below table.

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