05 August 2016

SP 500 and NDX Futures Daily Charts - Risk On

It was risk on today as the jobs number came in much better than expected.

You may recall that I said last month that I thought that the jobs reports from then until the elections would be puffed up in order to smooth the way for Hillary.

Volatility (VIX) is at twelve month lows.   And Brexit and all the rest of it are just bad dreams.

Let's put this week in the books.

Have a pleasant weekend.