Today the VIX or Volatility index which I taught you about in our video lesson’s spiked.
This is the fear index and when this happened it tends to impact the WHOLE Market. Even the strong names.
This is what happened today with AMZN. It was looking promising, then VIX spike and brought everything down.
SO I thought it best to get out here and see where the market is Monday.
I still think CVX is ok as it has time and energy is strong here.
I recap this in the weekend video.
If you’re new, this has been a tough week in the market in general with wild spike, earnings and news. Don’t be discouraged. All aren’t like this.