VIX just needs to print 17 and then we will back to a normal trading range. Probably have to drop about a further 70 points to get that, down to 4650.
Then we can start 2024 with a rally.. maybe..
Was just clearing my desktop, having been let go work wise, and I found this chart.
Someone obviously put a lot of effort into it, hope they didn't lose alot.
JFR, he doesn't trade so he has never used a chart unfortunately for him. I never use bonds however I am wondering if they are something to consider here and now. I probably wouldn't have sold because I wouldn't have believed that what has happened could happen. As Cobra said it is the first time th...
A friend of mine retired 3 years ago and being financially conservative and cautious put most of his money into bonds and almost none in the stock market. He doesn't understand why he has lost so much money. Seems unfair to me also. The worst thing is he has to draw on this money now, he can't wait ...
My bet is the VIX bounces off the blue line on up for the next three weeks like last year. The VIX should print 21 eventually.
A different opinion maybe but hey that's why it's a market! Bulls and bears make money.