summary
Jaywiz index = .21 = more selling and futures are obvious today
vix 31.16 7 CBOE @ 1.40 indicating a possible buy
A low today is due at 11am and again at 2pm
Readings for today call for anxiety & tensions- no doubts there
Fed will probably cut rates tomorrow by .75 and has a good chance for 1.00%
Last time that happened was in 1983, I think , and the dow jumped over 600 pts in a few days.
of course this time may be different, but a short term boost to stocks will only be short term
Any more bad news after this week will NOT be able to hold the markets from major selling sessions.
Jay
THE NEW JAYWIZ 2023
THE NEW JAYWIZ 2023
1 comment:
Hello. This post is likeable, and your blog is very interesting, congratulations :-). I will add in my blogroll =). If possible gives a last there on my blog, it is about the Celular, I hope you enjoy. The address is http://telefone-celular-brasil.blogspot.com. A hug.
Post a Comment