Crypto Bloodbath Amid Widespread Equity and Bond Carnage: VIX Breakout

IMG Auteur
Published : January 31st, 2018
130 words - Reading time : less than a minute
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...

The cryptocurrency selloff continued along with strong pullbacks in equities and bonds. The VIX is on the rise.

The top 20 cryptocurrencies are all in the red as of 1:50 Central.

Only ten of the top 200 cryptocurrencies are in the green.

This corresponds to a broad market selloff.​

Commodities Selloff Small

Gold is down a mere 0.10%. Gold and silver have been flirting with or even above break-even much of the day.

VIX Breakout

The last VIX daily close above 13 was on November 14, 2017 at 13.13.

The last VIX weekly close above 13 was on August 12, 2017 at 14.13.

Time for fireworks?

I do not know if this is the start of a major sell-off but one is long overdue, and it could be very ugly.

Source : www.themaven.net
Data and Statistics for these countries : Georgia | All
Gold and Silver Prices for these countries : Georgia | All
<< Previous article
Rate : Average note :0 (0 vote)
>> Next article
IMG Auteur
Mish 13 abonnés
Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. He writes a global economics blog which has commentary 5-7 times a week. He also writes for the Daily Reckoning, Whiskey & Gunpowder, and has over 80 magazine and book cover credits. Visit http://www.sitkapacific.com
WebsiteSubscribe to his services
Comments closed
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS