Market Report May 24 2023
Apologies for the AWOL MaR yesterday.
We had an about-turn on Tuesday on the S&P 500 and Nasdaq Composite. Something we discussed on the weekend webinar, so we have been prepared for such an eventuality. This could be just a BuF but we prepare for the worst, just in case.
Other than XLE, all sectors were in the red.
VIX moved up 8% for the day.