Mind the VIX… Again Well, the ups and downs continue. We finish out a strong October only to be greeted by a slide into November.Seasonally, this is a bit of a surprise. But let’s be real. Everything is a surprise right now. Whether it’s election rhetoric, war, weather, or some yet unknown event, it seems […]
Self-Fulfilling Prophecy When the market declares something should happen, sometimes it’s best not to fight the tape.Many have called for a 4100 rally target off the lows that occurred in October. That was hit last Thursday with an intra-day move to 4100.51 for the SPX.Now that we’ve got that behind us, the market is trying
Data Suggests More Downside Overall, the data still suggests more downside pressure this week.Futures show a slight upside bias to the morning. However, the VIX remains stubbornly low, and the ‘big’ hedge that JPMorgan placed on the S&P 500 for the quarter is below current values. Pair this with the upcoming expected rate hike this
