Wednesday Outlook: Volatility on Steroids

Not only is it a Mad Mad Mad Mad World, we also got the Big W today as well. Stocks rose sharply early, fell abruptly by an almost equal amount only to be propped into the close. It’s volatility on steroids combined with desperate “stick saves” by the powers that be.

Major indexes made back a third to half of yesterday’s decline.

If you’re an average investor you just look at all this craziness and want nothing to do with it.

Volume was a little higher than yesterday while breadth was positive but not a 90/10 day. Our man in Geneva provides us with the data.



















































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