Biggest Short Equity Exposure in a Decade

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As the world eyes the U.S. election entering its final stage, the stock market indices continue to trade with a bid tone. Nasdaq 100, Dow Jones or the S&P 500 trade close to their highs, albeit many players took some “chips” off the table. 
For instance, the Nasdaq 100 index corrected from 12,500 to 10,750 in September, in what appears to be a profit-taking from the March-April bounce. In other words, bulls take some profit…

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