Tuesday, May 31, 2016

Expert: June gloom ahead as volatility remains low

http://www.cnbc.com/2016/05/31/expert-june-gloom-ahead-as-volatility-remains-low.html?__source=yahoo|finance|headline|headline|story&par=yahoo&doc=103676847 CNBC , well, their reach is so thinned out, they have to produce headlines, to cover all the various market sentiment, biases... MY BIAS is for june gloom, no new SPX highs, sideways, to 6% pull back off the high, etc--- -=- ooo ooo---pulled off CNBC, author is Wang, normally this would be no news worth looking at, a woman analysts, from out of the US, and it's CNBC for christ sakes...a liitle bit for everyone, and thus no substance... But then it's RUSS, whoever he is, BUT, he's from Blackrock, and they are inside traders ( ties to congress) ' Russ Koesterich, head of asset allocation for BlackRock's Global Allocation Fund, told CNBC's "Halftime Report" that this is an environment of fragile growth and low volatility despite significant risk, especially considering China, U.S. and European politics. The CBOE Volatility Index hit a low of 13.04 on Friday, its lowest level since April 20 when it traded as low as 12.50. "You've got valuations that are stretched by most historical measures. You've got volatility well below the historical average. While the economic data has been better, we're still stuck in an environment in which sluggish growth is not giving much of a tailwind to earnings," Koesterich said. " read more, use link aboeve

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