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Looking for deeper insight on markets?  In tonight’s Closer sent to Bespoke Institutional clients, as Tech and momentum trades exploded in what could have been expected to have been a quiet day, we take a look across a number of new highs in the Nasdaq. We then show the historical precedence for similarly strong days for the index as well as the growing concentration in the largest stocks and what that could mean for growth.  Pivoting over to emerging markets, next we review some China-focused ETFs before closing out with a review of the relative performance of Financials and Energy to the S&P 500.

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