Biden and the Market “Indigestion” Opportunity
Hey, it’s Ross Givens here with the Chart of the Day. Today’s chart shows the Volatility Index (VIX). You can see it spiking during the April pullback and then coming back down in May as the market recovered. It spiked again in the second half of last week as the market retreated slightly. We’ll have to see if the VIX goes back down this week. If it doesn’t, we could be in for another shallow pullback. If you’ve followed this newsletter for any length of time, you’ll recognize it for what it is. I explain more in the Insight of the Day.
July 23, 2024
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