Volatility Alert (VIX)

[littledoggie]

Avian flu in dairy cattle in Kansas and Texas. Dairy cattle are also beef. How will that effect the cattle market?

[errolanderson]

Group, noticeable drop in equity trading volumes, unusual to me. Quiet volumes. Stock markets now controlled by less than 10 companies. Liquidity issues and insane concentration.

Be careful out there . . . . My opinion only.

[errolanderson]

Wild morning in equities, precious metals. Downward slide. Higher than expected U.S.CPI just released 3.5% in March compared to 3.4% expectations. Now talk of no Fed rate cuts this year. But should stock markets correct sharply, central bankers will be panicked to cut rates regardless (IMO).

A witches brew indeed . . . .
errolanderson.substack.com

[errolanderson]

S&P 500 Index technical lines in-the-sand should stock market correction intensify. 1st key support seen at 5,000 pts, down 6% from recent all-time highs. 2nd support seen at 4,700 pts, a 12% pullback. Major support on full-blown correction fills-the-gap at 4,350 pts, down 18%.

This is purely technical should follow-through equity selling persist . . . .

[errolanderson]

U.S. regional bank selloff over the past few hours. Doesn’t appear to be any rescue mission. Q2 appears brutal for these smaller banks.

[sumdumguy]

49 down to 46, relatively miniscule?

[errolanderson]

Horrible bank season about to begin?

[sumdumguy]

without axis marked, graphs are meaningless

[shtferbrains]

For extreme VIX , Gold has traded in $50 range today.

Up 20% since Valentines Day.

[errolanderson]

U.S. bank fallout clearly means U.S. economy in-recession. How much B&S is there in gov’t economic data?

Bank of Canada in-a-pickle. They have to cut rates ASAP, but rates will hammer loonie even further.