Low Volatility, NASDAQ Makes a Late Comeback, Gold Continues to Fall. Volatility got crushed once again – every little sell off was met with buyers..By Todd Horwitz, Bubba Trading.

 

No volume, no volatility – nothing going on. As bad a day from a traders standpoint. Volatility got crushed once again – every little sell off was met with buyers; typical in a market that’s drifting higher. Gold may have a little room to the upside but may now come back and test that support level. Oil had one big sell-off…

Bonds lower, interest rates higher..so the yield curve came off of a little bit of the inversion..

Financial Markets & Political Commentary

 

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About the author

Todd Horwitz - Author of “Average Joe Options“. Todd began his trading career in 1980 at the CBOE. He was one of the original traders in the OEX & helped start the SPX. He is a member the CME where he trades S&P futures as well as foreign currencies & is a regular contributor to CNBC, Bloomberg, BNN, Fox & many other major news networks.