Dead calm. Like being out in a sailboat and having zero wind. Just drifting and drifting. That's the story of the markets lately and especially today. The big news (other than that election thing in France) was the
VIX
is now solidlybelow 10 (9.77)
. Volatility is just plain non-existent. So, theDOW
added5 points
, theS&P
was flat and theNASDAQ
gained2 po
ints.Oil
added afew pennies
,Gold
lost a couple of bucks
and the10 yr treasury
yields 2.39%. Big snooze. In the fintech sector, the index lost2.68 (-0.23%
) to close at1157.58
. Looks like that sector slept through the day too.So, Fed is out of the way (for now), earnings season is just about over and the French have a new president. Looks like naps are back in vogue. Keep the snoring down out there.
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