Stock market on July 19: thoughts and outlook

1. The recent increase in auto and commercial defaults isn't a risk to the stock market (yet)
2. What euphoria in the tech sector? Just look at the snap and blue apron ipo's. They're getting crushed
3. Volatility and VIX are extremely low. But vix is a poor timing indicator. It doesn't tell you if the stock market will make a correction next week, next month, or in 3 months

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Submitted July 19, 2017 at 06:24AM by markethistory http://ift.tt/2u7RjIB