Reacting to one of the worst weeks on Wall St, the Dow rebounded over 900 points to close at 9,387 on Monday. Coming off record highs over 75, the VIX finally came back down to earth closing just under 55 down 21%. The big rally's impetus early Monday morning as markets worldwide reacted positively to European government's interventions into the banking system, pouring billions worth of capitol into world banks. Echoing this tactic, Treasure Secretary Paulson is rumored to do something similar tomorrow. Dow futures are already reacting positively to the news up 192 points in early trading. The question remains however, with the economy still in turmoil, how long will this rally last?
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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