I laughed this morning when I saw overnight price action. My market monitor keeps showing identical moves in overseas markets, but it’s no technical problem, just a repeating pattern. Asian markets sell off, leading risk …
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The SPX index has closed within 0.22% for 6 straight days now. As CC mentioned yesterday in Quick Hits, that is the lowest 6 day realized volatility reading in the past 15 years of data. …
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This bizarre market is flimsy enough to be pushed around like a rag doll in both directions. In the past 2 days, the SPX has closed almost exactly unchanged. On Monday though, the VIX was …
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The Shanghai composite closed at a 3 year low last night. At the lowest level since March 2009. Multinational after multinational pointed out the weakness in Asia, and Chinese investors seem to agree with that …
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Markets were quite resilient yesterday following the Bernanke commentary. It reminded me of the initial reaction to the FOMC announcement on June 20th. Prior to that meeting, there were some who expected a QE3 announcement. …
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The last 10 days have been the lowest volume period (as measured by SPY volume) since the top in Apr 2011, and before that, the Christmas period in 2010. Clearly, markets are waiting to hear …
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Markets are very quiet before a half-day session that ends at 1pm EST today for stocks. Asian markets were relatively strong, led by the Hang Seng up 1.5%, continuing a strong one week rally that …
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