Stock-Market Fears Returns as Dow stares at longest losing streak in 6 years

Mar 27, 2017

Stock-Market Fears Returns as Dow stares at longest losing streak in 6 years

Mar 27, 2017

Looks like the stock-market jitters have returned to Wallstreet as a new report is revealing that measures of risk are rising once again. This comes as the CBOE Volatility Index VIX, +12.50% closing at its highest level of the year in Thursday trade and jumping above its 200-day moving average, now at 13.54, Friday for the first time since December of last year. Right now, the VIX, also known as what is called the “Wall Street’s fear gauge” is creeping toward the long-term average, which suggests that it could attempt a firmer breakout, in the parlance of chart watchers.

Excerpt From Market Watch:
Broadly speaking, moving averages are used by technical strategists to help to judge if short-term and long-term directional momentum in a security is intact. Right now, the VIX, also known as Wall Street’s fear gauge is creeping toward the long-term average, which suggests that it could attempt a firmer breakout, in the parlance of chart watchers.

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