Today I was on ABC News Radio, speaking about market sentiment being bullish this week, with a risk-on tone supported by the expectation that US PCE and local CPI will ease. Additionally, the market's fear gauge, the VIX, is trading at its lowest level since February. And company news continues to beat an optimistic drum. And China creates $47.5 Billion chip fund to back Chinese firms. ...
151453268 witso :
Lets make gold great again, positive chat jess hope China stays busy with tech development and production and stops bullying trade partners
$CBOE Volatility S&P 500 Index(.VIX.US)$The Fear & Greed index returns to the neutral zone after being Greed for 1 week. The volatility of the VIX index market has reached its low of 52wk. We are still below the psychological lign of $14. After a recent ATH the price of gold seems to have fallen a little but the indicators are bullish. And Silver seems surpass gold. The record is 1979's 15-to-1 gold/silver ratio... link to "Fear & Greed...
The US Markit PMI dampened hopes of a rate cut, causing all three major US stock indices to turn negative during the session.$Dow Jones Industrial Average(.DJI.US)$fell more than 1%, marking its biggest drop since$SVB Financial(SIVBQ.US)$crisis, with$Boeing(BA.US)$down nearly 7.6%. Of the seven tech giants, only$NVIDIA(NVDA.US)$rose, surging over 10% during the session and closing up 9.3% to a new all-time high.$Tesla(TSLA.US)$fell 3.5%. Chip stocks initially rose more than 2% ...
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118407 :
willl S&P continue to go up even occurance of regional bank crisis?
EZ_moneyBFSkinner:
yes, these are highs because of the amount of money out there that's also why we have more millionaires now than ever before in history.... it's not because of the people doing something right. it's the devalued dollar from printing. being a millionaire now isn't the same it was 10 or even 5 years ago
151453268 witso : Lets make gold great again, positive chat jess hope China stays busy with tech development and production and stops bullying trade partners