VIX At 200-DMA, While S&P 500 Enjoys Strong 2-Week Rallies To End On Golden Ratio

After strong rallies the past couple of weeks, major US equity indices have reached crucial levels, particularly the S&P 500, even as the Russell 2000 fails at a breakdown backtest and VIX sits at the 200-day. The S&P 500 (4543) … Continued

Markets Not Ready If Fed Throws Curve Ball Wednesday

posted in: Credit, Economy, Equities | 0

The FOMC meets this week.  No change in expected.  But in the remaining four scheduled meetings, markets have priced in at least two cuts.  The Fed has a juggling act in hand.  The unemployment rate is near a six-decade low, … Continued