The Euro Trashing of the S&P500

Great chart posted by Zero Hedge citing John Lohman, also a friend of this blog,  showing how the S&P500 would be almost 10 percent higher if it only traded during hours when Europe was closed.   No doubt the robo traders have their buy programs kicking in as soon as Europe closes.  Today was a perfect example.  As ZH points out it works until it doesn’t.   Just like bull markets.

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