- The L.A. Extravaganza: A Test for Auto Shows
- 8 Stocks That Could Gain With Rising GDP
- Remorseful Regulator Leads Reform Fight
- Lightning Round: AT&T, Verizon, Novartis and More
- Lightning Round OT: Alcoa, Weight Watchers and More
- Why Amazon Rules Retail
- Nordic American: Sinking Ship or Titan Tanker?
- Your First Move For Tuesday November 24th
- Cramer: What Monday’s Housing Number Really Means
- Pops & Drops: Cigna, Verizon...
MOST SHARED
- The 'Real' Jobless Rate: 17.5% Of Workers Are Unemployed
- US Home Prices Up 5th Month, 2nd Straight Quarter
- Gold Will Collapse Like Oil Did in 2008: Charts
- China Eastern to Complete Shanghai Air Buy by End '09
- Why Amazon Rules Retail
- Wave of Debt Payments Facing US Government
- Weak Dollar Is Golden for Mining Companies
- Revised GDP Reading Puts Growth at 2.8%; Inflation Tame
- CA "More Profitable" After Saving Energy: CEO
RSS FEED
Text Size 
The much discussed "investor fear gauge", or the VIX [VIX
Loading...
()
] closed below $50 for the first time since it closed at $47.43 on November 4. In the same week, we saw the Dow [.DJIA
Loading...
()
] have its first back-to-back days without triple digit moves since September 3. Are these the signs of market that is finally stabilizing or is fatigue simply setting in?
 |
Last night on Fast Money, Pete Najarian said that the VIX is moving significantly lower and that signals that panic is not in the market. Say what you want about Bernanke's plan, the market is liking it.
Others, however, believe that this is just a respite as the holidays approach. People are tired and focused on the upcoming holidays. Traders are not looking to be long the VIX over Christmas. This morning on Squawk Box, financier Wilbur Ross said that he is not yet seeing evidence of a recovery for awhile ahead.
Whichever side you take, this has certainly been a record year. In the 244 trading days so far this year, the Dow has had 142 days with with triple-digit moves and the VIX hit highs in the eighties. This is only the third year in history with more than 100 triple digit moves in the Dow. The previous record was 118 days set in 2002.
Today, the Dow opened up slightly, led by Coke [KO
Loading...
()
], Citigroup [C
Loading...
()
], Johnson and Johnson [JNJ
Loading...
()
], United Technologies [UTX
Loading...
()
], and AT&T [T
Loading...
()
].
Comments? Send them to
- Warren Buffett and Bill Gates discuss the economy and other subjects with CNBC's Becky Quick.
- …you'll want to be prepared. Tips for getting the most out of the post-Thanksgiving shopping frenzy.
- A new McDonald's in Manhattan is the nation's first to sport a sleek, chic interior imported from stores in London and Paris.
- One shopper explains why he gets up at 3am on the day after Thanksgiving to go shopping every year.
- A diet high in fat and sugar might actually be good for your portfolio.
- From the AIG&T to the Merrill Lychee, Jane Wells lists this year's holiday cocktails.
Data is a real-time snapshot *Data is delayed at least 15 minutes