spacer spacer
Wednesday's Update

Wednesday, February 10th. - Stock Trends, Charts, and Commentary
                                          (***If you see last week's Wednesday Update: Click Here)

Why the VIX is important to follow ...

The VIX is derived from the S&P 500 options for the next 30 days.  So, it is a representation of the market expectations during the next 30 day period. 

Note that it is derived from the S&P 500 options  That is important because the S&P 500 is a favored index used by Institutional Investors.  The reason for this is because the S&P 500 is the most representative index of the economy's health due to its wide sector representation.

So, the VIX is an important index to be watched which is why we are posting its chart today. 

The first observation to make (on the chart) are the "fan lines" since the peak high made last August. 

Correlating with that are the VIX peaks made since August.  (Now is a good time to remember that the VIX moves in the opposite direction of the stock market.)  

Yesterday, the VIX closed at 26.54.  What was significant, was that it closed above its 2016 triangular formation seen on the chart.  

Since the VIX has made a series of three higher peaks since last November, the risk now is that it makes another higher peak in the coming days.    That would be a real negative for the market and therefore the risk levels are elevated.

*** (Feel free to share this page with a friend or colleague.) Click on the link below if you would like to send a page link of today's update to a friend or colleague.





















*This Free Member page is supported by the following advertisement(s):

   ... Do you have a friend or fellow investor that you think would appreciate receiving a link to this page of Today's Analysis"?

   If so, simply click on the link below to quickly and easily forward an email link.  It is completely private, so we won't even know if you send one.  

Send This Page To a Friend


You can become a Free StockTiming Member in less than 10 seconds ...
and receive
important, free Stock Market email updates every Morning ...

To become a Free Member, simply enter your information and click on the "Free" button.  You will receive Daily Updates and Alert Notices every morning before the market opens.   On other occasions, you will also be sent special links to important stock market information and/or studies.

Quick and Easy Free Member Sign Up

*First Name:

*Last Name:

* = Required