Watch for Earnings Repeat

| January 17, 2013 | 0 Comments More

Frederic Ruffy talks to theStreet from near the corn pit at the CME. The topic: low volatility heading into a flood of earnings reports. VIX settlement for Jan 2013 was only 13.69. Expiration is tomorrow. Monday is a holiday, but after that, let the games begin because there will be a flood of earnings quarters. Last quarter, Dow stocks fell like dominoes after one company after another cut estimates. That triggered higher volatility from mid-Oct to mid-Nov. Intel and AXP are down after the bell on their results. GE reports tomorrow morning.

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