Diminishing Anxiety

Diminishing Anxiety

  There’s a new type of “fear gauge” on Wall Street: the 1-Day VIX. Launched by the Chicago Board Options Exchange on Monday, the Cboe 1-Day Volatility Index is designed to measure implied volatility in the S&P 500 Index over a single day, as opposed to its...
How Low Can You Go?

How Low Can You Go?

  This week, we have a fun little chart showing how the S&P 500 stock index has performed after going six months without a new 52-week low after entering a bear market. Each date on the chart represents the lowest point of significant declines of 20% or more,...
Post Recession Bulls

Post Recession Bulls

  The topic of a potential recession, that dreaded “R” word, has been the subject of much discussion lately. Yet, our highlighted chart this week provides some hopeful news, indicating that bull markets generally exhibit strong performance following...
Big Tech Gets Bullish

Big Tech Gets Bullish

  This week’s big news was that the Nasdaq 100 Index—a basket of the 100 largest (mostly tech) stocks traded on the Nasdaq stock exchange—surged into a new bull market on Wednesday. Our featured chart above shows that the tech-heavy index has rallied more...
Lender of Last Resort

Lender of Last Resort

  There’s been a lot of stress in the banking system lately. So much so that recent data published by the Fed showed that a record $152.9 billion was borrowed from the Fed’s discount window last week, surpassing the $111 billion reached during the 2008 financial...