The People

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Today is Fool’s Day 2020!  Is the video narrator fooling us?  We must honor our US Congress because we have “a government of the people, by the people, and for the people.”

The stock market is headed for a crash.  The advances of the last days were a Bull Trap and the stock market is headed for a crash.  The VIX reflects abnormal fear and volatility because the VIX is alarmingly elevated.

 

57.06

3.52 (6.57%)

 

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  •  VIX mean is below 20.
    YEAR AVERAGE CLOSING PRICE YEAR OPEN YEAR HIGH
    —— ————————– ———– ———–
    2019 15.39 23.22 25.45
    2018 16.64 9.77 37.32
    2017 11.09 12.85 16.04

     

Volatility attempts to measure the  expected magnitude of price movements of a stock or index instruments in the next 30 days. The more dramatic are the price swings the higher is the level of volatility.

 

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