
The CBOE Market Volatility Index (VIX) soared more than 18% yesterday, marking the index’s seventh straight absolute move in excess of 5%. According to Senior Quantitative Analyst Chris Prybal, the VIX has accomplished this feat only five other times since 1990. Furthermore, Chris says that the SPX’s average return following this signal is below average [...]
Economic Calendar The economic calendar offers up a busy first day of the week, as traders will be confronted with March’s personal income and spending data, March’s construction spending report, and the Institute for Supply Management’s (ISM) manufacturing index for April. Auto and truck sales reports for April will arrive in the afternoon. Tuesday offers [...]
The Dow Jones Industrial Average’s (DJIA) eight-week winning streak came to an end last week, as a confluence of weak economic data, Goldman Sachs (GS) fallout, a massive oil spill in the Gulf, and concern over European sovereign debt sent investors running for the sidelines. Still, the bulls claimed a couple small victories, as the [...]
The events of the last week have many market watchers quaking in their boots. Most of us can feel that there has been something wrong, something VERY wrong, with this so called “recovery” that we’ve been experiencing. And many are now fearful that things are starting to unravel at the seams — that the lipstick [...]
If you’re a beginner in investing, one of the things you’ll find out soon enough is that you have plenty of investing options. As a beginner in investing, you may also feel overwhelmed; however, when you gain a basic understanding of the different investing options available, that feeling of being overwhelmed is going to be [...]
One of the most exciting things about investing is the sheer number of options you have to invest in. If you are new to investing, it can be a bit overwhelming at first, but once you understand all of the doors that are open to you, it can lead to a “kid in a candy [...]
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