Relief Sideways Market, Welcome to the Next Recession
By Matthew Buckley
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In today’s Stock Market Financial Report, Matthew ‘Whiz’ Buckley, Chief Investment Officer and Model Portfolio Manager of Top Gun Options, covers good housing numbers and tepid earnings from a wide spectrum of players, ranging from Facebook (FB) to Netflix (NFLX). This has given the market some “relief from the significant headwinds hitting us in the face.”
Whiz takes a look at how they’re selling volatility after yesterday’s spike in the VIX. Durable goods numbers, GDP, and consumer sentiment round out the rest of the week.
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