In The Stock Market.... Here is your mid month summary..
This is the Worst November since 2008” vibes: Index is still up about 19% for the year, but the character of November has shifted from melt-up to shake-out.
VIX 22.39: Volatility expanded with fear gauges moving into extreme territory, matching the “Extreme Fear” reading near the low-teens on sentiment indices.
Dow nearly −700 intraday: Broad selling picked up into the afternoon with tech, small caps and crypto-sensitive names under heavy pressure.
Tone: Risk management and capital preservation tone, not hero mode.
The market shifts and traders adjust in the mastermind...
Some days you preserve capital and take advantage of what the market gives.