Has the Market Topped?
Tag Archives: VIX
$VXX Eye’s New Record Lows
Where Do We Go From Here?
Where Do We Go From Here?
Friday's session started off promising, as Yellen gave the market no definitive answer about the next rate hike. Judging from the early reaction, with the US Dollar getting clubbed .5% lower, while stocks and bonds rallied, the market took this as another confirmation that the FED's easy money policies aren't going anywhere fast.
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Friday Focus: Now Comes The Fall
It's an hour until Yellen and all through the market, banks had lots of cash but no where to park it. Yields were too low, too stock prices at record highs, this has to fall apart at some point, why should I buy?
The market is safe, they said with a grin Lehman is gone and Enron is a has been. So hold up your nose, and nod your big head, just buy up those stocks, volatility is dead.
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