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There’s a highly unusual trend of relative strength in VIX. Normally the S&P at a new record high would see VIX at, or near, historical lows. The S&P trending higher would typically see VIX trending lower. However, recently the equity market has been making new record highs, but VIX has been trending
***These are “some” excerpts from tonight’s subscribers post. All of the major indices closed lower and at or near their worst levels of the day on heavy volume. The first half of the day Mega cap losses were having an outsized impact on index performance while the “rest” of
There was not a lot of conviction on either side of the tape today with the Fed tomorrow, plus we get other tier 1 economic data and the second half of the Treasury RFA, and some important earnings after the bell. While there wasn’t a lot of conviction, there were
The Advance Q4 GDP report showed that real GDP rose 3.3%, well above the consensus estimate of 2.0% (last 5.2%; revised down to 4.9%) and even above the highest Wall Street estimate of +2.5%. That’s a 5 sigma beat of consensus and makes you wonder how everyone on Wall Street
"Changes in market character precede changes in market trends." Changes in character are most often discovered intraday. Benefit from real time analysis and alerts, whether you're a short term trader or a long term investor.
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