Above The 40 – Uncomfortable Divergences Weigh On The Stock Market’s Manic Rally
June 03, 2018 at 13:40 PM EDT
A day like this past Friday makes me want to be bullish about the entire stock market. The volatility index, the VIX, plunged solidly below the 15.35 pivot. The S&P 500 (SPY) regained some momentum with a 1.1% gain.