One Listless Market
I think that, if there were a definition for the U.S. market today, it would have to be "apathy." But why is it happening? This is the best place to get a return on invested dollars, yet there seems to be no action, no momentum, no trend and certainly no volume of which to speak. Is it psychological? Is something else at work? Something or someone has put a vice grip on this market that is preventing it from moving forward.
Are we seeing fear from an event yet to come? I have a hard time believing that to be the case. After all, the CBOE Volatility Index (VIX), that measure of fear, is sitting under 17%. If anything -- again -- the market is reflecting enormous complacency, and yet the market has fallen nearly 7% from its recent highs....218 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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