Mar. 26 at 4:54 PM
$SPX $SPY $GLW Corning's Implied Volatility is 71.2. That's wild!
2 Days Ago: +8.43%
1 Days Ago: +3.06%
Today: -7.14% wiping out about 2/3 of the rise from the low to the high achieved 2 days ago.
This is a yo-yo market, because the statements from the Trump Admin are yo-yoing the markets.
Until they find a path forward, which is still elusive, as the two parties are too far apart as I shared here (see pr. post), trading new adds/positions is reasonable thing to do.