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Stocks lose .5%, Head News Sources Must Explain!

One thing that never ceases to annoy me is the relentless updating of news rational for the market moving a few points.  Stocks were down less than half a percent today and as usual, every major financial news source must explain why.  It would be very refreshing if they stated “Stocks moved today due to noise”.  The VIX is still at about 30%, so we should be experiencing 2% daily moves on a regular basis.  With that in mind, half a percent is not worth mentioning.

Markets are CRUMBLING!

Markets are CRUMBLING!

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