Check out my interview Tuesday on CNBC "Squawk on the Street". You can hear my take on whether or not we have seen a bottom and the indicators an investor should look to in reading this market.
Tuesday, November 25, 2008
In the past two days of trading, the VIX has plunged to 64.70 and is down 20 percent since it's record high last Thursday. Clearly, The government bailout of Citigroup and President Elect Obama's announcement of the Chairman of the New York Fed Timothy Geithner to be the next Treasury Secretary has sparked this market rally. Unclear however, is how long all of this will last. The economy still has not healed from bad news in home sales, unemployment, and the bleak situation of financial institutions worldwide. In light of all this, are we starting to climb out of this financial abyss or was this just a bear market rally? Time will most certainly tell.
Monday, November 17, 2008
As the credit crisis expands the Vix stays high. Dan Deming spoke about this stability in the VIX as well as other topics on last week's Bloomberg Volatility Report and CBOE TV.
Thursday, November 6, 2008
October was a volatile month to say the least. This made Dan Deming a busy man in newspapers across the country. Here a few examples of his take on the VIX this past month.
Monday, November 3, 2008
With stock prices at record lows and with what appears to be a buying opportunity of a lifetime for investors, the question remains why haven't we seen any buyers? The answer may lie within the VIX. Despite this buying opportunity fear has not only taken over but it has also obstructed the buyers from entering. You can read my quote in last week's LA. Times touching on this point. http://www.latimes.com/business/investing/la-fi-markets30-2008oct30,0,3295392.story