The market's bullish momentum persists, driven by institutional traders increasing their bullish positions following a recent pullback. The S&P 500 has surged past the critical 5,600 mark, with traders actively rolling call options up and extending duration. Kevin Green highlights the importance of monitoring the upcoming VIX expiration in the next two days, as it may lead to brief intraday spikes in volatility.
Market On Close
19 Aug 2024
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