Intraday Market Thoughts

April Tops & May Flops, Latest Premium Trades

by Ashraf Laidi
Apr 16, 2012 20:21

We warned back in March that April proved to be a difficult month over the last 2 years. The VIX is on its way of posting the first positive month since September. The last time we had 6 consecutive monthly declines in the VIX was in 2003, which was also the end of the Feds easing campaign following the 2000 tech bubble. S&P500 is down 3.3% from 4-year high. But 7% is the maximum decline the index has posted without making any deeper correction. Find out what it means or our latest Intermarket Premium Trades Non-Subscribers can click here


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