Yo Pit Crazies.
Recent economic numbers have been terrible, with bad sentiment last week and recessionary sounding reports Monday.
This was a report Bill Griffo made to the Pro Chat Room …
How’d the market take it?
With a massive yawn.
Big indexes down and vol down.
Vol Man said on Sunday he thought we would see this, and here it is
Here’s what to do …
SPX and VIX Seem Tired
The R word – recession – is taking a lot of the steam out of the upside for stocks.
When the market takes out one side, it is hard for the Cboe Volatility Index to hold a bid.
That is where we find ourselves now.
I expect calmer markets and lower VIX this week.
What won’t be calm is the live trading summit Mark is heading up with his friends at Money Map Press – and I’ll be there, too.
Click here to get in on the livestream.
To your Trading Success,
AG