Stock market volatility creeps up when most investors least expect it. But even more intriguing about the latest upward explosion in equity volatility is that it occurred on small percentage losses in major stock index benchmarks like the S&P 500 (NYSEARCA:SPY) and Russell Small Cap 2000 (NYSEARCA:IWM).
(Audio) Portfolio Report Card: Diseccting a $1.2 Million Portfolio
From June 14 to July 9,
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Selling pressure in the euro has been relentless over the past year and the currency has fallen just over 19% in value. Without surprise, pessimism toward the euro has been building.
Look at these recent mainstream headlines:
Delight or Dread as Euro Falls – New York Times (Mar.
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Gold has it bad and that ain’t good. Especially if you’re a goldbug.
Not only has gold officially forfeited it’s year-to-date gains, but over the past month it’s closely shadowed one of the globe’s worst performing assets; the euro (NYSEARCA:FXE).
(Audio) Listen to Ron DeLegge @ The Index Investing Show
Ahead of gold’s (NYSEARCA:UGL) latest pullback,
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Was the S&P 500 the last proverbial man standing?
Today’s -2.09% clobbering officially wiped out the S&P 500’s (NYSEARCA:IVV) YTD gain. Put another way, three-months of gains were lost in single trading session! (See chart below)
The swift decline doesn’t come as a surprise to our readers,
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