Election Results Stoke Fear

Monday, stocks fell 0.4% in Asia but rose 0.4% in Europe and 0.3% in the U.S. on 19B shares traded. The VIX moved up 9% to close at 21.15 and transition from greed to fear. Precious metals gained 2% and their miners advanced 3%. Apple closed below 340.

Tuesday, stocks lost 1.6% in Asia, 0.6% in Europe, and 0.3% in the U.S. on 17B shares traded. Precious metals fell 1% and their miners dropped twice that amount.

Wednesday, stocks fell 0.3% Asia but rose 1.9% in Europe and 1.6% in the U.S. on 22B shares traded. The VIX plummeted 21% to close at 16.61 and transition back from fear to greed. Precious metals gained 4% and their miners shot up 9%. The Dow and S&P 500 closed above their respective 53,000 and 7500 benchmarks. Apple closed above 340. The Democrat election sweep disrupts the markets.

Thursday, stocks fell 0.5% in Asia, 0.4% in Europe, and 3.0% in the U.S. on 28B shares traded. The VIX skyrocketed 70% to close at 28.18 and transition from greed to fear. The Dow, NASDAQ, S&P 500, and NYSE closed below 52,000, 25,000, 7400, and 24,000 respectively. IBM ended below 250. The NASDAQ entered correction territory on fears of AI headwinds.

Friday, stocks fell 4.3% in Asia and 1.0% in Europe but ended unchanged in the U.S. on 21B shares traded. The VIX fell 9% to close at 25.64. Precious metals fell 1% but their miners gained 2%.