"No warning can save people determined to grow suddently rich" - Lord Overstone
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Gold •10 mins | 1,506.20 | -9.60 | -0.63% |
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Platinum •10 mins | 942.40 | +7.80 | +0.83% |
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WTI Crude •40 mins | 58.19 | +0.15 | +0.26% |
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Gasoline •40 mins | 1.663 | +0.033 | +2.02% |
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Ethanol •1 hour | 1.374 | -0.012 | -0.87% |
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Silver •10 mins | 17.88 | -0.04 | -0.20% |
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Silver • 10 mins | 17.88 | -0.04 | -0.20% | |
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Copper • 10 mins | 2.609 | -0.005 | -0.17% | |
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Brent Crude • 15 mins | 63.33 | +0.67 | +1.07% | |
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Natural Gas • 40 mins | 2.569 | -0.096 | -3.60% | |
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Heating Oil • 40 mins | 1.999 | +0.029 | +1.46% |
During the quarter there were…
Modern monetary theory has been…
Welcome to Art Basel: The…
Yesterday, the VIX closed at 15.58, so it looks like it is okay. But is it really?
The verdict is actually not in yet ... take a look at October, April and now. April was the lowest reading, with October and now not as low as it was in April. With that condition, there remains a possibility of an inverted Head & Shoulder pattern which would have upside implications for the VIX.
SInce the VIX moves opposite to the market, that would not be good for thestock market.
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