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Cory’s Chart Corner
Load MoreMany will focus the blame of market drawdowns on the tariffs and ignore the fact the SP500 (only a few weeks ago) was trading at 4 std devs above its historical mean…valuation also matters.
BREAKING: The European Union is preparing further counter measures against newly announced US tariffs of 20%, per CNBC.
Daily Archives: September 10, 2009
A view of market risk: VIX over the S&P 500
Our technical analyst Cory Venable gave me an interesting picture this week of relative risk and reward in the S&P 500 today. Dividing the VIX (Volatility Index) by the price level of the S&P 500 Index, we can see buys … Continue reading
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Bankruptcy of "wealthy" up 73%, homes for sale over 1m at 21 month supply
The number of wealthy individuals and families filing for bankruptcy jumped 73 percent in the second quarter from a year earlier, according to the National Bankruptcy Research Center. See: Bloomberg: Wealthy Families Face Bankruptcy “Wealthier people filing for bankruptcy typically … Continue reading
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