Here's What It's Going to Take to Push Stocks Higher (or Lower)

I love to be right as much as the next guy... but sometimes it's no fun. Since the end of August - weeks now - I've been pounding the volatility drum as October got closer and closer. That was the topic on the table this week, when I sat in with Suzanne Sena for a Fast Profits video trade. We focused our discussion on the seasonal volatility that's as closely associated with this time of year as yellow leaves and jack-o'-lanterns. (If you haven't seen this Fast Profits, you can click here to watch it at any time... and e-mail to thank me when your stake doubles.) Anyway, the CBOE Volatility Index (VIX) was sitting just below 16 while Suzanne was interviewing me. During that chat, I pointed out that a break above 16 would swing the market into selling mode and subsequently shoot the VIX toward readings around 20, where we would likely see a break in the selling. And that's more or less exactly what we saw, as markets try, with mixed results, to pare their losses as I write this. We're moving into a period where keeping an eye on the rearview mirror will give us vital intel for going forward... Tags: trading strategies To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2018 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Here's What It's Going to Take to Push Stocks Higher (or Lower) appeared first on Money Morning - We Make Investing Profitable .