CBOE vix volatility index surging at the NASDAQ gets deeper into the red to the tune of 1.5% on this friday. Going into a weekend, it appears Traders are bracing themselves for more volatility in equity markets.
US dollar currency index backs off 105.40 down 0.17%. Pent-up rebound for precious metals causes gold and silver market to move higher. Market indices are mostly in the red with the NASDAQ – 1.3%. Oil inflation shock is still a concern as the price of crude prices to $91, currently at 90.66 per barrel. Silver the most volatile of the precious metals bounces 2.65% back into the low 23s. Volatility index rises above 13, as Traders become less complacent going into the weekend. S&P 500 down 1% at the time I’m writing this, and Russell 2000 and the Dow Jones down half a percentage point. Bitcoin remains over $26,000 at 26,289, coming up in massive Bounce from 25,000 support. 2 year treasury yield back above 5% and holding.
