Volatility Alert (VIX)

[wheatking16]

Adding to Errol's JPM reference.

JPM fell on yesterday's ER and is trading at the average price paid per share since the previous ER.

This means the average holder has returned the gains of the previous three months.

Not catastrophic, but this chart highlights why holding over ER is a risky business.

[errolanderson]

Gold trading range insane. Straight up early morning, now actually down for the day. Is this a bearish key reversal in the making? Volatility at its max . . . .

[errolanderson]

Comex gold now down nearly $100 per oz from mid-morning highs. USD rolling higher . . . . We may be watching history in-the-making.

[wheatking16]

Gold trading range insane. Straight up early morning, now actually down for the day. Is this a bearish key reversal in the making? Volatility at its max . . . .

Supporting Errol's comment:

[errolanderson]

Monday, Monday will be interesting. Black or just shades-of-grey?

VIX jumped 25% today and 50% over the past 3 weeks. Bank credit appears in significant slide. This is not favouring grossly over-valued stocks (IMO). Loonie freefall?

Emergency rate cuts? Not according to anybody in the media. If the stock market cracks, all bets are off . . . .

[errolanderson]

Calm start to markets tonite. Fingers crossed . . . .

[furrowtickler]

Hopefully calm heads prevail over the Iran / Israel situation

[Old Cowzilla]

Oil seeds start trending up me thinks along with a few other grains good weather or not.

[jdg364]

Hopefully calm heads prevail over the Iran / Israel situation

“Iran telegraphed its actions well in advance, most of the missiles and drones were downed before reaching military targets..Israel’s war cabinet authorised retaliatory strikes, but a sternly-worded message from the White House appears to have put reprisals on the back burner for now. Longer-term escalation remains a risk,.” From one of my morning emails

[hobbyfrmr]

?The fiat money is broken.
When a coked up Freeland announces the Canada budget, turn down the volume on the TV and play Elvis Presley “In the Ghetto” on your phone.
No “other” politician is going to fix this. 1.22 McMillion $CAD of debt. Mathematically impossible to repay. [url]www.debtclock.ca[/url]
Don’t shoot the messenger.