BREAKING: Volatility Index, $VIX, drops below 14 for the first time since February 2020.
In other words, volatility in the stock market is now at its lowest point since pre-pandemic.
The $VIX is now down 55% from its recent high just 2 months ago.
Bulls are not messing around.
— The Kobeissi Letter (@KobeissiLetter) June 6, 2023
$VIX hit GEX level 1 👀
Closing at -5% pic.twitter.com/CU9QArryWW
— Alessio (@AlessioTMAD) June 6, 2023
Copper often leads the economy.
That's why we often call it Dr. Copper, and right now the diagnosis isn't great.
A macro-themed swing trade idea from @AyeshaTariq and I at MacroVisor.https://t.co/mgK9p6aZaj
— Markets & Mayhem (@Mayhem4Markets) June 6, 2023
To put the "Magnificent 7" into perspective: 7 Stocks in the S&P 500 (AAPL, MSFT, GOOGL, AMZN, NVDA, TSLA, META) have returned 53% YTD. The other 493 stocks have been flat. pic.twitter.com/QM1E3fyzOh
— Holger Zschaepitz (@Schuldensuehner) June 6, 2023
https://twitter.com/FinanceLancelot/status/1666062351852863491