, which is often referred to as the stock market's fear gauge — surged as much as 12% on Friday after President Donald Trump tested positive for COVID-19.
Wall Street strategists previously warned that volatility would likely rise in the weeks before and after the presidential election. The positive test further fuels market uncertainty.Wall Street's preferred measure of future stock-market volatility surged on Friday after President Donald Trump announced he tested positive for COVID-19., which is commonly referred to as the stock market's fear gauge — leaped as much as 12% as premarket futures for major stock US indexes slumped.
With Wall Street strategists already warning of heightened volatility in the weeks before and after election day, the early Friday news is set to keep markets even more chaotic over the next month.Legendary trader Ed Seykota took a $5,000 client account and turned it into $15 million in 16 years. He shares the 5 trading rules that contributed to his gargantuan returns and continuing success.
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