Hello Everybody!
In the last 2 week we saw a spike in the VIX toward 22 and a drop in the S&P 500 toward 4125...both turned out to be extremes. We said last week that the road to 4350-4500 SP may very well still be on and this week we may have learned the reason, If the Fed plans on being dovish until the jobs level return to pre pandemic....it is possib…