Stocks Soar as Volatility Wanes

Monday, stocks fell 1.2% in Asia but gained 1.4% in Europe and 1.5% in the U.S. on 12B shares traded. The VIX fell 11% to close at 27.37. The 10-Year U.S. Treasury bond yield rose 7% to close at 1.43. The Dow Jones Industrial Average closed above the 35,000 level.

Tuesday, stocks shot up 2.1% in Asia, 2.4% in Europe, and 1.6% in the U.S. on 12B shares traded. The VIX fell 19% to close at 21.89. The 10-Year U.S. Treasury bond yield rose 3% to close at 1.48. The S&P 500 Index closed well above its 4600 benchmark. Apple and IBM ended above their respective 170 and 120 levels. Apple ended at a record high close.

Wednesday, stocks rose 0.5% in Asia, fell 0.5% in Europe, and rose 0.3% in the U.S. on 10B shares traded. The VIX dropped 9% to close at 19.90 taking its place just below the 20 pivot point between greed and fear. The 10-Year U.S. Treasury bond yield rose 2% to close at 1.51. The S&P 500 Index closed above its 4700 benchmark. Apple ended at a record high close.

Thursday, stocks rose 0.3% in Asia, fell slightly in Europe, and lost 0.7% in the U.S. on 10B shares traded. The VIX rose 8% to end at 21.58 and move back into the fear range. Precious metals fell 1.5% and their miners lost twice that amount. The S&P 500 Index closed below its 4700 benchmark.

Friday, stocks fell 1.0% in Asia and 0.3% in Europe but gained 0.5% in the U.S. on 10B shares traded. The VIX dropped 13% to close at 18.69 and land squarely back in the greed zone. Apple ended at a another record high close. Here’s an article documenting that inflation is heating up followed by a second laying out the plans to lie about future inflation.