Earning season.With employment #'s good but not to good. Banking sector doing well, bye and large.
Sure wanted to roll over end of day and need to gap up to eliminate this short living down trend. Could start drifting lower just don't see the "big move" reason and the yanks might trade Uncle B's retirement announcement up just to spite him. Lol
Bermenke knows he can shave a few percentages off the markets, if that's the plan.
GL
The VIX continued to fall on Tuesday as investors are becoming more comfortable with the current market environment. The widely watched barometer of volatility expectations fell around 3 percent to 14.32.
Read more:
https://www.nasdaq.com/article/market-wrap-for-tuesday-july-9-major-averages-closing-in-on-previous-highs-cm258353#ixzz2YaQTtk52