$CPC - Chart Link that was quite a high level and way outside the upper Bollinger Bands

    CPC updates so late on Stockcharts, we typically don't show it in the intra week newsletters

    I've been watching that big

    Posted by oreo on 5th of Nov 2024 at 12:06 pm

    I've been watching that big spike; I commented on it over the weekend. Guessing there is some huge hedging going on with the election. 

    Election and FOMC both  FOMC decision

    Posted by steve on 5th of Nov 2024 at 12:15 pm

    Election and FOMC both 

    FOMC decision is announced on Thursday this week 

    for the election, I can't

    Posted by mla127 on 5th of Nov 2024 at 12:51 pm

    for the election, I can't see why Harris or Trump would be bad for the market ... lol ... it's going vertical no matter who's there ... pull a chart if anyone has doubts  ... lol ...   I think the only thing is if there's not a clear winner and this drags on for weeks  ... this is probably where it can be jittery for awhile  .... but again ... dip will be bought ...  until proven otherwise .... can't stop .... won't stop ...  

    Yeah, well, Dow up 400+

    Posted by brophy on 5th of Nov 2024 at 04:14 pm

    Yeah, well, Dow up 400+ points, DJT stock halted 3 times today. Who do you think the market thinks is gonna win this the election?

    It closed down, so .

    Posted by mastermind on 5th of Nov 2024 at 05:43 pm

    It closed down, so . . .?

    yeah - Stockcharts won't be

    Posted by matt on 5th of Nov 2024 at 05:48 pm

    yeah - Stockcharts won't be updated but you can see it from this URL, closed at 0.99 down from 1.33 yesterday

    https://www.cboe.com/us/options/market_statistics/#current-stats?mkt=cone 

    Steve! 

    Posted by matt on 5th of Nov 2024 at 04:21 pm

    Steve! 

    yes that was my guess

    Posted by matt on 5th of Nov 2024 at 12:08 pm

    yes that was my guess a well - it wasn't caused by the market pullback the last 2 weeks causing a bunch of fear - normally you would need quite a correction 10% - 15% to spike CPC to fear levels like that, so my guess was hedging 

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