I thought it was kind of odd that as stocks were falling hard, so was the VIX, which is generally viewed as counter market 'insurance' to the downside.
19 June 2013
SP 500 and NDX Futures Daily Charts - VIX Sells Off With Stocks?
I thought it was kind of odd that as stocks were falling hard, so was the VIX, which is generally viewed as counter market 'insurance' to the downside.
NAV Premiums of Certain Precious Metal Trusts and Funds
As expected the FOMC did little more than jawbone with an 'improving outlook' but no taper.
The traders did a dipsy doodle on the futures, down and up, and now markets are waiting for Bernanke's press conference.
The 'Spicer family' of Central Funds of Canada continue to underperform.
18 June 2013
Gold Daily and Silver Weekly Charts
The precious metals were hit on the first day of a two day FOMC meeting. How unusual. NOT.
Let's leave the speculation aside until Benny tells us what is on his mind in the announcement and his press conference afterwards.
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