Considering the Dow is at -0.19%, the S&P +0.05%, the NDX +0.36% and the Russell 2000 at +0.32%; volatility has been very high today.
Here's the TICK Index
Much of the volatility has been on the downside, but usually on a day like this the TICK would be between +500 and -500 with a spike here and there, we have seen +/- 750 as the average with some large moves both up and down, but more extreme down moves. The up TICK count has hit around +1100 a few times whereas the down tick has hit -1500. That's a lot of volatility for not a lot of price movement.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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