FYI: The non stop up, low volatility market appears to finally be done with. For nearly a year and a half it’s been rare to see even a down 0.3% day, forget the more normal 0.5%, 0.7%, heck 1% down days. A lot of decades long records were broken in that time in terms of volatility, and for anyone trying to trade both sides of the tape and not just “up” it was a very strange period. Finally some volatility has returned. The S&P 500 had only closed below the 20 day moving average TWICE in half a year – very head scratching. Finally that changed. Stuff like this changed Monday:
Regards,
Ted
https://www.stocktrader.com/2018/02/11/weekly-market-recap-feb-11-2017/
