JohnKicklighter

Do IPOs and Buybacks Continue to Represent SPX Value?

CME_MINI:ES1!   S&P 500 E-MINI FUTURES
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Here we have the Renaissance IPO             and First Trust US IPO             ETFs meant to track the market performance of stocks that are not yet in the major equity indexes - so 'IPO-like' companies. Appetite for these untested companies is considered by some a leading indicator of investor risk appetite; so I put it up against the S&P 500             .
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