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The Wrong Side of Tomorrow? Dow Dips 35 Points as Markets Grind to a Halt, Nasdaq Ekes Out New High
The Nasdaq Composite advanced 0.3% to 6,120.59, a new high. It was another quiet day for the market, though the CBOE Volatility Index, or VIX, rose 1.9% to*9.96. Not necessarily, says Convergex's Nicholas Colas: ...the current period of ultra-low volatility may be coming to an end, if history is any guide.
http://finance.yahoo.com/r/c654f7b0...od=yahoobarrons&ru=yahoo&yptr=yahoo&.tsrc=rss
The Nasdaq Composite advanced 0.3% to 6,120.59, a new high. It was another quiet day for the market, though the CBOE Volatility Index, or VIX, rose 1.9% to*9.96. Not necessarily, says Convergex's Nicholas Colas: ...the current period of ultra-low volatility may be coming to an end, if history is any guide.
http://finance.yahoo.com/r/c654f7b0...od=yahoobarrons&ru=yahoo&yptr=yahoo&.tsrc=rss