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Monday, June 05, 2017 10:10:59 AM
By Kevin Hornsby | June 5, 2017
VIX Fix: All 10s
Another week, another record – the Dow Jones Industrial Average (DOW) saw back to back records highs Thursday and Friday, despite the constant drumbeat of political drama. President Trump opted out the Paris Climate Agreement, which seemed to impress market participants, citing that the agreement was bad for U.S. businesses. Meanwhile, the CBOE Volatility Index (VIX) closed below the 10 level four days in the month of May and also the first two trading days in June. To put this rarity in perspective, since 1990, the VIX Index has had an end of day close below the 10 level only 9 other times! Volatility lovers haven’t given up hope, looking for more volatile days ahead, but for the present – it’s just not here.
“Volatility Quiets Down” – Ben Eisen, The Wall Street Journal
http://on.wsj.com/2rNV3k9
“Don’t Fear the ‘Fear Gauge’” – Kenneth Rapoza, Forbes
http://bit.ly/2qIO9Zw
“What the Heck is the ‘Fear Gauge”, Anyway?” – Karen Wallace, Morningstar
http://bit.ly/2rtrjGg
“VIX Index Closes Below 10 Again” – Matt Moran, CBOE Options Hub
http://bit.ly/2rO4fFe
http://www.cboe.com/blogs/options-hub/2017/06/05/the-weekly-options-news-roundup-6-4-2017
• DiscoverGold
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Your Due Dilegence is a must!
• DiscoverGold
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