SPX - Friday the 13th would be an opportune...

DoTrading
2022-05-13

$NASDAQ 100(NDX)$ $NASDAQ(.IXIC)$ $S&P 500(.SPX)$ $Cboe Volatility Index(VIX)$ $Micro 10-Year Yield - main 2205(10Ymain)$ 

The trading day began with the latest data showing that high inflation is sticking around in the U.S.

 The producer price index rose 11% year-over-year in April. That was just below March's 11.2% rate and higher than economists' average estimate of 10.7%.

Rising costs for producers are a concern in the near term because they crimp companies' profit margins, while in the medium term they turn into consumer inflation if firms raise their prices.

The yield on the 10-year U.S. Treasury note has fallen well below 3% again, finishing around 2.8% whichhas proven a resistance point for the yield several times in recent months.

Note that : View Link

SPX at new recent lows, and VIX not at new recent highs...

Same for NASDAQ...

  • Monitoring for VIX vomating

Thanks for reading,

@Do_Trading

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Comments

  • fluffik
    2022-05-13
    fluffik
    In a sustained hyperinflationary environment, investments need to be made with care.
  • zippyloo
    2022-05-13
    zippyloo
    What is a good strategy in this investment climate?
  • moonzo
    2022-05-13
    moonzo
    I think it's time to invest a portion of the S&P 500.
  • Michelle Ong
    2022-05-14
    Michelle Ong
    Like back thanks
  • StockWatcher
    2022-05-15
    StockWatcher
    [666]
  • changgw
    2022-05-14
    changgw
    up
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