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The VIX is Signaling a Bullish Market

Published 2024-06-27, 09:07 a/m
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As we approach the month-end, we're typically bullish, but today's economic numbers could shake things up. Currently, stock index futures are down, and Micron (NASDAQ:MU) is making headlines. The VIX recently made a lower high, signaling a bullish market, unless it closes above 13.41 today. Next week is a holiday-shortened week, and many will be off, making it quieter in the markets. Micron is down pre-market, ending on a sell signal, while FedEx (NYSE:FDX) had a big move yesterday. The Canadian market saw gains led by miners, with First Quantum (TSX:FM) and Kinross as top performers. Bitcoin and Ethereum remain on sell signals, with bond market fluctuations impacting yields and stock pressure.

This content was originally posted on the Stock Market Timing YouTube Channel

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