VIX dops 2.46 to 20.26 and fell to session lows of 20.10 a few minutes ago, erasing most of Friday’s gains, on reports of an emerging fiscal deal — Reuters. President Obama will speak at 1:30 eastern time. (CNBC Commentator is saying Obama probably won’t announce a deal at that time
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Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.