Halfway House

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Well, folks, here we are at the 50% mark of 2019. Simply stated, everything is up. Let’s walk through the big cash indexes in order of symbols; I’ve captioned each one along with the approximate price gain in percent.

slopechart COMP
Dow Jones Composite 15%
slopechart COMPQ
NASDAQ Composite 20%
slopechart HUI
Gold Bugs Index 20%
slopechart INDU
Dow 30 Industrials 14%
slopechart NDX
NASDAQ 100 20%
slopechart OEX
S&P 100 15%
slopechart RUT
Russell 2000 16%
slopechart SOX
Semiconductor Index 26%
slopechart SPX
S&P 500 17%
slopechart TRAN
Dow 20 Transports 14%
slopechart UTIL
Dow 15 Utilities 16%
slopechart XAU
Gold Sector 18%
slopechart XBD
Broker/Dealer index 12%
slopechart XMI
Major Market Index 15%
slopechart XOI
Oil Index 8%

Oh, there was ONE thing that fell hard, and I’m afraid it didn’t provide any relief for the bears either. That is, of course, volatility.

slopechart VIX
Volatility down over 30%