Stock market rally seems unreal

shell -game

Michael Santoli in Barron’s

Final-hour surges and air pockets, common lately, unnerve the methodical investor.

The apparent gaming of newly popular leveraged exchange-traded funds late in the day is another wrinkle… These funds always need to trade in the same direction of that day’s move. Knowing this, traders attempt to quantify and front-run this action.

The market feels uneasy to many because the market currently appears rigged and manipulated. So why bother?