Volatility seen ticking up again ahead of the weekend

By Elsya K. (https://twitter.com/ablemarkets)

Post date: 2023-03-17 15:24:19 GMT

Elon Musk drives news.


Weekends always bring market uncertainty: news keep pouring in, yet the traditional U.S. markets are closed, setting up a volatile stage for Monday morning. The institutional flows in VIX have remained mixed and have seen a slight uptick in the late morning today.

Speaking of news, some of the news to most affect the markets surrounded Elon Musk tweets. These news are projected to positively affect ULTA, GOOG, and BDX, and negatively impact companies like PXD, ITW and PRU.

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