hah i know! it's like pulling teeth to get this market lower ... but once again the resiliency of this market continues ... seems like we could be on hold here until i guess october-ish ... unless some crazy black swan hits before then who knows. it is kind of startling to see just how calm this market has been trading all year long despite the shenanigans everywhere ... can't even pullback -3%
Chinese internet stocks selling off today; although BABA will be alright, and BIDU is still positive. But after that, what sector is left? Utilities?
North Korean projectile passed over Japan, reports say https://www.cnbc.com/2017/08/28/jap...headed-toward-northern-japan-report-says.html Right now the SPY is down 0.5% AH
Dow futures open more than 100 points lower after North Korea fires missile over Japan https://www.cnbc.com/2017/08/28/jap...headed-toward-northern-japan-report-says.html
Seems like we'll chop around 2400-2500 SPX (edit: typo on the range). A long-term average of the VIX was 18.7 (in June 2016, the 200-day average). We haven't even touched that average since November, much less gone over it even if just for a day. Now that average is below 12.
