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Keith McCullough, founder and CEO at Hedgeye Risk Management, observes that Nasdaq is still the only major U.S. equity index signaling heightened volatility, referring to the index as flashing "yellow (vol) lights."
This assessment highlights ongoing caution around volatility in Nasdaq compared to other major U.S. equity indices.
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McCullough recently stated he was keeping his DRAM position at the minimum size, opting not to increase his exposure. He has previously called out financial engineering as a major scam and criticized CNBC's coverage. These past comments reflect his consistently cautious market stance.