The market turned an impressive rally today but the key component volume was still lacking. There is also no sector leadership that's evident yet. Or may be the market just doesn't want to give the all clear lest every body gets on the bull bandwagon.
Today was an interesting day, the bonds and stocks both rallied today. Usually they go the opposite way. The VIX bounced off an important support level. The Yen crosses were subdued on a big up day for the market. I think It will be interesting to see the market's reaction to the election outcome tomorrow.
Today was an interesting day, the bonds and stocks both rallied today. Usually they go the opposite way. The VIX bounced off an important support level. The Yen crosses were subdued on a big up day for the market. I think It will be interesting to see the market's reaction to the election outcome tomorrow.
No comments:
Post a Comment