The rally has held up well, with the SPX still up +2% as of this writing. Despite the strength, there is still considerable skepticism on the Street.The VIX is still above 30The ARMS Index hit 1.36 todayThe CBOE put/call is at 1.22, an elevated levelThe ISEE Index is low at 127So there are few signs of renewed optimism with today’s events and market reaction. The wall of worry is as high as I can remember. According to Hays Advisory, the[...]
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[Source: The Money Blogs]
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