VIX which measures the market fear made a fresh high today. This is the 8th day in a row for the index to make higher top. This is a signal for the market participants that there might be a correction in prices of the risky assets.
The reason is the geopolitical tensions around North Korea as there are prerequisites for increase which will have negative impact over the risky assets.
On the other hand earnings reports season is on as worse date from the companies might lead to new downward impulses by the stocks and indexes.
Chart: Bloomberg
Trader Nikolay Georgiev
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