S&P 500 Has 5 Straight Days Of 1% Moves, First Time Since Nov. 2020
Can the bulls find their footing after the jobs report?
Danny’s View — Market Is Spooked
Lets face it, the new Omicron variant has spooked the S&P 500 and caused a big leap in volatility. The VIX traded all the way up to $30.68 early in the day, but settled at $27.75.
The elevated fear gauge has played a big part in the huge swings we have been seeing, as risk has gone up significantly.
Due to technical diffi…