Elevated Wall Street 'fear gauge' shows doubts about stock market rebound

NEW YORK - Investors hoping for calm to return to U.S. stocks will not find much comfort in Wall Street’s fear gauge known as the VIX, which shows some market participants are bracing for more turbulence despite this week’s bounce.

The persistent elevation of the index, which shot to its highest level since 2008 as markets plunged, sounded a discordant note during the rally earlier this week, which took the S&P 500 nearly 18% higher from Monday’s close to Thursday’s close. While unprecedented stimulus from the Federal Reserve and the relief bill have bolstered hopes of averting worst-case economic scenarios, forecasts remain bleak. Goldman Sachs, for instance, has projected a 24% year-over-year drop in U.S. gross domestic product in the second quarter as the outbreak halts business activity throughout much of the country.

It may take months for the VIX to ease back to its usual levels, said Matt Amberson, principal at ORATS.- a measure of actual moves on the index over the past 30 days - was at 97.4% on Friday, according to data from options analytics provider Trade Alert. By comparison, the VIX does not seem so high.

:-).

Speculating in this market when Trump can't even consider making a rational decision or telling the truth is a fools errand. Better to just wait it out.

Does it though?

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Stocks open lower on Wall Street following a big 3-day rallyStocks fell Friday morning on Wall Street as investors waited for Congress to deliver a big financial rescue package aimed at cushioning ailing businesses and households from the coronavirus... Quick shovel more bodies into the volcano to appease the Market Gods! Suckers getting fleeced. *AGAIN* They'll never learn. flattening the curve, so to speak.
แหล่ง: AP - 🏆 728. / 51 อ่านเพิ่มเติม »

Wall Street analysts upgrade stocks like Boeing and Home Depot on hopes the market has bottomedNew for subscribers: Wall Street analysts upgrade stocks like Boeing and Home Depot on hopes the market has bottomed Check out CNBCPro and get your first 30 days free. Pro Sell signal Pro It hasn’t. The market is stupid. Pro I like how these stocks are being upgraded and downgraded every week, as if there’s a strong indication that there is any logic in the market right now.
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »

Why this wild coronavirus rally has Wall Street experts fearing a bull-market trapBlink and you may have missed it — the Dow Jones Industrial Average is in a bull market, reached on a day when data showed a record number of people filing...
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »