Dan discusses the technical breakout to the upside in the S&P 500. After a couple of weeks of consolidation the market has now jumped to new highs from the August lows. Dan is seeing cautious optimism; he notes that there are active put buyers in the S&P 500 and call buyers in the VIX. This translates into an increased appetite for risk protection.
Why oil is repeating a pattern from the crash in 2008! What it means for stocks! #EAVOL #SPY https://t.co/pzacS9Gc5r
Why oil is repeating a pattern from the crash in 2008! What it means for stocks! #EAVOL #VIX #SPY https://t.co/pzacS9Gc5r — Brian Stutland (@BrianStutland) Jul 15, 2022 Source: @BrianStutland July 14, 2022 at 08:41PM More info Your Website/Page Anchor Text Here
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