Category Archives: IPO’s

Volatility Holding Key Support

Once again, the action on the Volatility Index (VIX) was money after the close below 20 AND 17.50 on Wednesday. The prior Thursday, Friday, and Monday peaks failed to clear 24 which would have been a bearish signal ahead of the election. Tuesday’s low on the VIX was at 20.20 and basically a half-point close above key […]

Monday’s (8/17/2020) earnings announcements (JD, CWCO, BEST…)

Monday’s (8/17/2020) earnings announcements: Before the open: Consolidated Water (CWCO), Eagle Point Credit (ECC), Gulf Resources (GURE), JD.com (JD), Milestone Scientific (MLSS), Niu Technologies (NIU), SWK Holdings (SWKH) After the close: Americas CarMart (CRMT), Best (BEST), China Biologic Products (CBPO), Dolphin Entertainment (DLPN), Edison Nation (EDNT), Fabrinet (FN), Progressive Care (RXMD), Social Reality (SRAX) Economic […]

Checking in on the VIX

The S&P 500 Volatility Index ($VIX) fell for the first time in 3 sessions despite testing a morning peak of 40.32. Current and lower resistance at 40-40.50 was breached but held with a move above the latter signaling additional strength towards 42-42.50. Upper support at 35.50-35 was challenged but held on the afternoon fade to […]

iShares Russell 1000 (IWF) Tags All-Time High

The iShares Russell 1000 (IWF) closed in positive territory for the 3rd-straight day after trading to a fresh all-time high of $187.43. Uncharted territory and lower resistance at $187-$187.50 was cleared but held. A close above the latter would signal additional momentum towards $188.50-$189. Near-term and rising support is at $185-$184.50. A close below the […]

Bullish Action in the VIX

The S&P 500 Volatility Index ($VIX) fell for the first time in 3 sessions despite tagging a midday high of 15.39. Upper resistance at 14.50-15 and the 200-day moving average was breached but held for the 2nd-straight session. The fade to 13.75 afterwards and close below prior and upper support at 14-13.50 was a healthy […]