VIX Bullish
The VIX initially climbed today as major stock indexes fell, but then also turned lower to match market actions in the afternoon.
As the market moves higher, the VIX usually goes lower indicating a high level of complacency and comfort.
The VIX's fall has it at levels not seen since early September 2008.
For the week, the NYSE added 1.69% while the NASDAQ edged up .82%.
Since March 23, 2009, when the NLX NYSE turned Bullish, the NYSE has gained 37.57%.
Since July 15, 2009, when the NLX NASDAQ turned Bullish, the NASDAQ has gained 15.78%.
NLX NYSE +88
NLX NASDAQ +218
These reports express our opinions and suggestions, provided only as a supplement to your own further research and decisions. We take care to assure accuracy of contents, but accuracy is not guaranteed. Past performance does not imply future results.
As the market moves higher, the VIX usually goes lower indicating a high level of complacency and comfort.
The VIX's fall has it at levels not seen since early September 2008.
For the week, the NYSE added 1.69% while the NASDAQ edged up .82%.
Since March 23, 2009, when the NLX NYSE turned Bullish, the NYSE has gained 37.57%.
Since July 15, 2009, when the NLX NASDAQ turned Bullish, the NASDAQ has gained 15.78%.
NLX NYSE +88
NLX NASDAQ +218
These reports express our opinions and suggestions, provided only as a supplement to your own further research and decisions. We take care to assure accuracy of contents, but accuracy is not guaranteed. Past performance does not imply future results.
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