Market crossed S&P 500 1150 and turned around on Sep 30th, money managers are cautious at this point but the uptrend is intact and the reveral might be short term.
Market holds around 1150 during the past few days, there are out of the money call buying in Oct and Nov but generally speaking it is quietly in the VIX pit.
On Oct 5th, market reverses the drop after Japan cut its benchmark interest rate and Australia unexpectedly kept its key rate unchanged for the fifth straight month.
Dan on CNBC Pre-Market Buzz
Dan on First Business Chart Talk
Dan on CBOE In the Money with Angela Miles
Market holds around 1150 during the past few days, there are out of the money call buying in Oct and Nov but generally speaking it is quietly in the VIX pit.
On Oct 5th, market reverses the drop after Japan cut its benchmark interest rate and Australia unexpectedly kept its key rate unchanged for the fifth straight month.
Dan on CNBC Pre-Market Buzz
Dan on First Business Chart Talk
Dan on CBOE In the Money with Angela Miles
Comments