“There are such conflicting signals in the economy,” Hill said. “So you’re going to see overreactions from investors to the upcoming data.”
However, a forward implied volatility reading of 26 on jobs data day indicates the market is underpricing that risk, according to Stuart Kaiser, Citigroup’s head of U.S. equity trading strategy.Article content
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Stock market's fate will be determined in the next 13 trading sessionsFour major events will be the key catalysts in determining whether the stock\u002Dmarket revival gets derailed or starts rolling again. Read on
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