Not much insight to add to a market that just recorded the 4th lowest “fear index” VIX close since the “new formulation” was created about 30 years ago…and the other 3 lower closes were around the holidays of 1993! Low volatility will not remain…that is all I know.
21,000 DOW and 2,400 S&P500 are offering resistance to the market. It is going to take a bit of momentum, or a positive event, to push through those. On the other hand, the NASDAQ is chugging along into new highs daily, so I don’t think we are going to have any issues pushing through the resistance in a relatively short period of time. Happy Investing everyone!