Stock Market Today: July 24th - July 28th

This is madness..BA is lifting the market to a new high.

 

FCX 15X calls went from .08 to .33 this morning...too bad I wasn't trading it...lol

 

SPY been consolidating for 2 days.
Getting ready for another drop or pop.

2 days left

 

BREAKING: Fed leaves rates unchanged

 

Wall Street's 'fear index,' the VIX, falls to record low under 9 after Fed statement

https://www.cnbc.com/amp/2017/07/26...o-record-low-under-9-after-fed-statement.html

 

Is the VIX broken? - kinda scary how the VIX made an all time low back in 07 (I think) right before the Sh*t hit the fan. But then again, this level could be the new norm for a while? - I personally don't think so, since we're about 1 step away from disaster (N Korea/Trump/US Government/Terrorists)

 

Maybe towards the end of the year. Right now with all the good ER reports going on, there's no real reason for a large pullback IMO.

 

Wow what a huge reversal, tech rolling over

 

Buy the dip... buy the dip

 

I guess I can try

 

things are starting to become a bit ugly here for the markets it feels like.

 

GDP numbers met estimates but I guess slightly disappointing for the market, now we would need a pretty strong second half if we want to get 3% growth. Yields and dollar lower, but I guess it is generally for equities especially for companies that do a lot of businesses abroad