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In this segment of "Confirm and Send," Liz and Jenny address common trading questions, starting with the potential for a Santa Claus rally in December, suggesting a tendency for upward movement as the year closes. They discuss a long call spread example using SPX options, clarifying risk and profit potential. The conversation shifts to NASDAQ 100 rebalancing, highlighting concerns about companies dropped from the index, specifically mentioning Lululemon (LULU) and Trade Desk (TTD). They plan to consult their research team for deeper insights on this topic.
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