From the category archives:
Last Friday, the final trading day of October 2009, saw triple-digit losses following the previous day’s excellent U.S. GDP numbers. Are traders and institutional investors just taking money off the table for some profits? Or will this be the beginning of the retrenchment that we didn’t see in September or October?
One thing that is for [...]
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We’re still waiting…. If the traditional September stock market pullback doesn’t happen, conventional wisdom says we should look for it in October. October, after all, is historically just as stormy – memories of the crash of ‘87 and even the big post-Lehman DJIA collapse keep investors cautious.
Caution is even more advisable when you’ve got the [...]
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Yesterday, August 17, 2009, China’s Shanghai Index posted the single biggest one-day loss so far for 2009 (and in fact since November 2008), dropping about 6% on concerns about the resiliency of China’s GDP numbers and consumer activity going forward.
Global Markets Sell-Off
This was the catalyst that sent oil down below $66 from a stable two-week [...]
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As you can see from the CBOE (Chicago Board Options Exchange) website, the VIX (Volatility Index) stayed pretty even at 40 today. Tell me if I’m wrong, but that’s basically the lowest volatility rating we’ve seen since the Lehman Brothers collapse of mid-September. At its highest, the VIX was up to 87 or so.
To put [...]
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