With the S&P 500 holding above 4,000 and the CBOE volatility gauge, known as Wall Street’s “Vix” or “fear gauge,” VIX, +0.74% having fallen to one of its lowest levels of the year, many Wall Street investors are starting to wonder if the lows are finally being reached for stocks – especially now that the …
China announced last week a shortening of its quarantine requirements, while simplifying travel rules and adjusting its surveillance regime. The news raised hopes that the country could soon materially roll back its draconian Covid restrictions, widely considered the toughest in the world. China has remained firm on its zero Covid policy even as countries around …
China relaxes its Covid measures. Here’s how market pros play it Read More »
As investors seek refuge in more defensive stocks, a market tech sees the Dow’s growing outperformance margin against the S&P 500 and Nasdaq as a sign that the latest rally in stocks could fade quickly like the last . In a Monday note to clients, Jonathan Krinsky, chief market technician at BTIG, said the Dow …
