Daily Market Wrap – Mon 8 May, 2017

By Cory The VIX closing in to a 30+ year low

A boring day for the markets but the VIX did put in a 7% down move. Complacency continues to dominate. I also look at the daily chart for the USD which remains in a downtrend and does not show a lot of potential to break this downtrend. As for the precious metals… at least we didn’t see the stocks sell off. Already a better start than last week.

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Source:: The Korelin Economics Report

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