This Market is Gnarly: Please Proceed with Caution

Here’s a quick look at some of the stuff you will want to know for the week ahead. First, here’s the weekly S&P 500 chart: S&P 5002,711-8.79%Nasdaq7,874-8.17%Russell 20001,210-16.50%Dow Jones23,185-10.36%Weekly percent changes  The VIX  Last week the S&P 500 Volatility Index, $VIX, hit levels not seen since 2008. Sheesh 😲  Here’s some learning material on the … Continue reading This Market is Gnarly: Please Proceed with Caution

Lunatic Oil Binge

Tale of the Tape  Stocks rallied with gusto today and closed on the highs. The S&P 500 was up 4.94% making up more than half of yesterday’s precipitous decline. The crazy volatility continues but this time to the upside. Stocks are still down 3% for the week but, as is becoming more clear, anything can … Continue reading Lunatic Oil Binge