The market is on pause this morning waiting for the Fed chairman to speak later in the day. The VIX has been on a buy signal for 10 days now and that of course has put downward pressure on the stock market. Bond yields continued higher on Monday with bonds selling off sharply around the world. Commodities may continue to move higher from here, but if the stock market continues to move lower, commodity stocks will follow the stock market.
This content was originally posted on the Stock Market Timing YouTube Channel