No worries, Santa rally is coming, cheap oil equals cheap petrol ,gosh that sounds like a Christmas present for many also.
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We can all relax.....bear market is 2 years away???? :t_up:
https://www.bloomberg.com/news/artic...d=premium-asia
Hilarious ehh:D
“We’re definitely late cycle, and so at some point we’re going to enter a bear market, and it’s going to happen in the next year and a half, maybe two,”
vix is at the top of the consolidation range. you know this correction is far from over when the vix hasnt behaved like in previous quick sell offs . anyway vix when it moves from consolidation if to the upside is looking like we gonna get a huge move in the market by the way i had a short on apple at 215 just before there update it was the only fang not to have declined like the others and now its joined the party
retest of the recent lows looks likely now
It seems to me as if there is a bit of a flight to quality occurring
Wow , Baltic dry index down 5.17% in one day, 27.67% in one week and 36.30% in one month!