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May 9, 2021

April – Week 3 and 4 update

After cracking the 7,000 point mark, the second half of April has been ‘Kangaroo’ like for the ASX. The earnings season in the US and talk tax increases have had a downward effect on their markets which have bled into the ASX. The ASX VIX (volatility index) has remained around…

March – Week 3 and 4 update

The market is attempting a recovery in the latter half of March, heading back over the 6,800 mark and staying there. The ASX VIX (volatility index) has dropped down from around 13 to 11 this month. Volatility doesn’t necessarily show market direction (up or down) but the range of average…

March – Week 1 and 2 update

March started well before fading away toward the end of week 2 and rallying on the last Friday. Remember, this is after a week or so of turbulence and correction especially in the technology sector both locally and in the US. The ASX VIX (volatility index) had crept back up,…

February – Week 3 and 4 update

The market is now inching ever closer to the 7,000 mark. Only 120 points away now. Almost at pre-COVID levels. The ASX VIX (volatility index) remains under 15. Volatility doesn’t necessarily show market direction (up or down) but the range of average price changes over time. The S&P/ASX 200 VIX…

January – Week 3 and 4 update

Combining Week 3 and shortened Week 4 updates. The ASX VIX (volatility index) started week 3 under 15, but with the volatility in the US bound to have some effect on the ASX, we ended Thursday (28th Jan) almost at 16. Volatility doesn’t necessarily show market direction (up or down)…

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