Stocks sold off in early trading as bonds got bid up to a key level. Short term volatility continued to get bid up as the APR volatility futures contracts are now a full 1.50 points higher than May volatility. Despite the short term concerns of the market internals stocks got bid up the rest of the day and ended nearly unchanged. Watch this video for opportunities in the shortened week of trading...
Stocks sold off in early trading as bonds got bid up to a key level. Short term volatility continued to get bid up as the APR volatility futures contracts are now a full 1.50 points higher than May volatility. Despite the short term concerns of the market internals stocks got bid up the rest of the day and ended nearly unchanged. Watch this video for opportunities in the shortened week of trading...
2 Comments
RON
April 11, 2017I believe that only good news will bring the markets down. Money is starting to move again to bonds.
This market defies logic.
Doug
April 12, 2017the weekly vix is still rising, and the tsi is still negative -2.05 the spy will go higher but I believe the vix will spike at least a 10 spot.the monthly is at -4.16 and just starting to curl up,it don;'t get serious until the vix gets over 25. the market looks like it will still go up for another three years. the cci is at 301.90, it only got to 216 in November?