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Expectations usually equals a good earnings reaction. Could this be a recipe for stocks to hit new highs . A hundred percent it could. Think about the resilience. Im not going to pretend ive been a raging bull, i absolutely have not. Think about the resilience of the market. Thursday night you heard from microsoft, starbucks, google, disastrous outcomes in terms of what the stock did. Yet the s p was flat on friday and down a few handles today. Actually rallied back from being down double gij its. Im not the steadfast bull, but i think the fact that its here leads me to believe theres another leg higher in the s p. The diminished expectations probably lead to higher prices. On a day when the vix is at twoweek high sgls look where it is compared to the 200 day. Barely at 14. Vix is very low. Volatility in the marketplace is low. Look at volumes, guys talking about where we are in the s p. Everybody says, theres low volumes. In the options world, were about 18 million per day per average ....
Uganda: Armour Energy to recommence exploration in Uganda energy-pedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energy-pedia.com Daily Mail and Mail on Sunday newspapers.