Joe Tigay's blog

Joe Tigay's Volatility 101

The market is pausing today after spending the past two weeks roaring higher. The market got past the fed meeting unscathed, then determined the jobs report was just Goldilocks enough to keep on chugging along.

And as usual, with this steady and predictable increase in the markets we saw volatility predictably and steadily grind down.

The VIX dropped below 11 for the first time since January, and yes that’s very low. Is that complacent? Does the market deserve a 10 handle on the VIX?

08/06/2018 Morning Brief

Monday, August 6, 2018

St. Louis Federal Reserve President James Bullard made an appearance on CNBC this morning. When asked whether a downturn could come in 2019, 2020 or 2021 He responded with a comment on Australia’s 27 year run without a recession. Bullard went on to say "The growth rate has been very slow since the financial crisis. It's picked up some recently, but it's, generally speaking, been very slow," he told CNBC. "So maybe you have more blue sky ahead than what people think." No significant economic reports ae scheduled to be released today,

07/30/2018 Morning Brief

Monday, July 30, 2018
S&P futures are trading higher this morning, (-0.35%)

Asian markets were lower overnight.

Close Change %Change

Tokyo Nikkei Stock 22544.84 -167.91 -0.74

Hong Kong Hang Seng 28,722.13 -71.15 -0.25

European indices are trading mixed this morning.

Last Change %Change