dropping the VIX

The VIX is dropping, now down to approximately 34. The VIX dropping thru the support in the high 30's signals the bullish run may continue. The earnings are coming fast and furious and mostly positive although most experts acknowledge we are in a bear market rally and even a few have gone on to say that we will be re-testing the lows of February and November.

Happy Friday.

DJIA 8,131.33 +5.90

NASDAQ 1,673.07 +2.63

SP500 869.60 +4.30

back again

Last post was Friday the 13th....rather ominous. Regular updates start again tomorrow. Stay tuned. We only had the largest bear market rally in the last several decades that took place over the last 4 weeks. SP500 from the mid 600's to the mid 800's. Not bad at all.