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The fear index is crumbling as one positive story after another hits the market. Cboe's VIX, which measures the cost of hedging the S&P 500, closed at 18.86 on Friday. That was its lowest reading since February 24, 2020, immediately before the coronavirus pandemic...
As the economy staggers back from coronavirus, a split is appearing in the world of transportation. Railroads are thriving and air travel is struggling. Consider these two points from yesterday: The Association of American Railroads reported that train traffic...
Truckers, airlines and railroads have been on the move as confidence recovers in the U.S. economy. The iShares Transportation Average ETF (IYT) rose 4.4 percent in the last week. That's the biggest gain among over 50 major funds tracked by Market Insights for our...
Everyone's focused on China, but don't forget about Mexico. That was a message on this week's Market Action webinar, and so far it's been playing out. In case you missed it, officials on both sides of the border have suggested a deal is close. They include White House...
Click here to register for the webinar. S&P 500 overview: Bears running out of space after 2800 support held. Breadth improving, shown by RSP vs SPY. Transports gaining. Notice $DJT follow-through today after high close on Friday. China progress/impasse the next...