The Fear Indicator Says Volatility is Here to Stay
I lost a five-year old bet the other day and now I have to pay the price.
I can’t shave this off.
That’s what I get for betting that the Cincinnati Bengals will never make it to the Superbowl.
The fear indicator, aka the VIX, is starting to climb upwards.
We’re seeing higher highs and higher lows and that tells me that volatility will be here for the next few weeks.
Not to mention, the grandfather of all indicators – the CBOE Equity Put/Call Ratio – is not even close to the 1.0 mark that I need to start buying.
I won’t be able to join you on today’s Money Morning LIVE show, but the other experts have got you covered on everything you need to know to trade today’s market patterns.
Click here to go to the live broadcast.
Until next time,
February 01 2022