Tuesday, 9 May 2017

Wall Street flat; fear barometer falls to 1993 low by Ripples Financial Advisory


The S&P 500 ended flat on Monday after briefly touching a record high, while Wall Street's "fear gauge" dropped to its lowest in over two decades following centrist Emmanuel Macron's victory in the French presidential election.

The CBOE Volatility index dropped 7.6 percent to 9.77, its lowest since 1993 as investors took comfort from Macron's victory, as well as from strong quarterly reports in recent weeks.

A declining VIX typically indicates a bullish outlook for stocks, but the extreme lows the index has touched are sounding caution for some stock investors.

Best services for costumers with full technical support make your Financial Trading more easy click here to subscribe us for free >> http://www.ripplesadvisory.com/free-trial.php

No comments:

Post a Comment