Stock Market – August 1, 2018

SPY is up 0.33% this morning, as of 9:54 am.

IWM is also up 0.50% this morning.

VIX is down 6.64% following its pop yesterday.

I don’t expect this to last. I believe this is a short squeeze that will reverse by 11-12 am today.  At that point, the sell off will continue.

What do you think?

Author: Trader Court

CPA first, pivoted to python programmer focused on data science which I apply to my own stock and options trading. View all posts by Trader Court