Trade Wars, Contango, Market Cycles and More
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The F in FAANG is Set to Report as VVIX & SKEW Flash Yellow
Another rollercoaster ride on Wall Street yesterday and after the first of the major FAANG stocks reported earnings. Alphabet (GOOGL) reported earnings and revenues that beat analysts’ expectations by a wide margin, producing a rally on Wall Street. But by mid afternoon, the Nasdaq Composite Index, which hit a record earlier, pulled back from highs…
