VIX more volitility here.
Excerpt from Thursday, Yahoo.com:
How are the USA markets?Kayne Anderson Rudnick portfolio manager, told Yahoo Finance on Thursday. "I think there's a lot of uncertainty, and how I would characterize this rally is, it is kind of a cynical rally, where people don't necessarily feel as strongly about the economy, but they feel they have to stay invested. And so I think the fact that it is in this mindset means that it could pull back very quickly. So I would expect more volatility going forward."
Recent data on the economic recovery has been mixed, with job openings rising to yet another record high in May and labor scarcities curbing the pace of the rebound across industries. Thursday's jobless claims report showed new weekly filings unexpectedly increased, with the number of new filers and total claimants still highly elevated compared to pre-pandemic levels
So I may have to do a Jesse Livermore here!