The equities markets were quite erratic today, with the major indexes mostly trading in a narrow range. The healthcare sector ETF XLV was up about +1% for the session, and the biotech ETF IBB was up +1.39%, once again showing stronger recovery in biotech versus the overall healthcare sector. However, both ETFs traded in narrow ranges after gapping higher. Meanwhile, strong price movement was seen in EDGE, BIOS, and NVAX. Here’s a recap of today’s action.
The S&P 500 just hit a new record high and the VIX has fallen to its lowest level in months. Scott Bauer joined Business First AM to explain why that combination is a signal to act and why traders should be buying protection right now while it is still cheap.
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Scott Bauer joined the IBKR Podcast this week to break down what the softening labor market means, which economic report he thinks has the most potential to move markets, and the one risk he says investors are getting numb to but cannot afford to ignore.
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Scott Bauer joins Business First AM to share why he thinks volatility is not going anywhere and why complacency right now could be a costly mistake.
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Scott Bauer joined the IBKR Podcast this week to break down what moved markets last week and what investors need to watch heading into the next stretch of earnings season. From lagging inflation data to big tech CapEx concerns, Scott did not hold back.
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The Dow rose more than 1% to a record closing high on Thursday ahead of the long holiday weekend as a softer-than-expected U.S. jobs report eased worries about interest rate hikes, while another sharp drop in chipmaker stocks weighed on the Nasdaq. The second half of 2026 kicked off this week much the same as […]
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A renewed sell-off in technology stocks grabbed headlines this week. The Nasdaq index fell 4.5%, closing lower 5 days in a row, led by a large 5.5% decline in the so-called Magnificent 7 mega cap names. Meanwhile, the post IPO exuberance around SpaceX appears to be fading, with shares now down 25% from their peak. […]
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