The VIX (the implied volatility of the S&P 500) has inched higher above the 20 level in the pastour sessions. The VVIX/VIX ratio has moved lower since 16 September, and past data suggests a potential short to medium-term corrective decline in the S&P 500. Watch the key intermediate support of 5,675 on the S&P 500. […]
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With the fate of the election hanging in balance, the stock market faces a double-edged sword. While both candidates have made their promises to improve the state of the economy and stock market, Stephen ‘Sarge’ Read more…
Royal Caribbean has made it clear that it’s betting big on private islands and destinations. In addition to Perfect Day at CocoCay and Labadee, Haiti, the cruise line plans to add private destination “Beach Clubs” Read more…
Daily Pivots: (S1) 1.0860; (P) 1.0887; (R1) 1.0905; More… Intraday bias in EUR/USD remains mildly on the upside as rebound from 1.0760 short term bottom continues. But strong resistance should be seen from 55 D Read more…