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Fear Has the Markets Locked in a Tight Range
By Don Kaufman
âLetâs make a moveâ¦â âOK, you go firstâ¦â âNo, you go first!â âNo, you!â
No one wants to be first. If I didnât know any better, Iâd say no trader out there wants to be the first one to⦠do something. Anything. The players here are scared #%&less.
The market has spent the better part of three weeks bouncing around in an incredibly tight range - we havenât touched the expected move since September.
All the while, itâs like someone broke the dial on the VIX. Itâs practically stuck above 20.
But like Iâve been saying, this canât last forever. And it wonât. And I think âitâ will happen sooner than anyone realizes.
After all, earnings are going to start ramping up on us here. Letâs talk about what to doâ¦
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