After having flashed decent enough of a signal last week that volatility was ready to move lower – hence higher odds of higher equity prices – the VIX has indeed pulled back. Equities are rallying; volume could be better, but … Continued
Going by action on the S&P 500, Russell 2000 and Nasdaq 100, non-commercial futures traders have been gradually cutting back on their net longs for a year now, but they are yet to get aggressive in raising their short bets. … Continued
It increasingly looks like the market wants to move higher – at least in the near-term. The past several days, it has been choppy, a lot of back-and-forth, marked by dojis (on a chart). Today was no exception – opens … Continued