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Mario Randholm Blog. Mario is the founder of Randholm & Co. S.A.C., an investment management company dedicated to producing superior returns for its clients and employees by adhering to mathematical and statistical methods.
$SPX – Second day Down 1.32% from Monday’s high
Based on my algos there is a 78% chance we trade to 2090 with in the next 3 business days. Thus there is room for another -1% trading day in SPX. On the other hand Nasdaq is stronger and Russell 2000 won’t perform better than SPX on the down day.
$VIX is back to the white box.
Today: Tingering worries over Greece deal pushed stocks lower though a Supreme Court ruling upholding tax subsidies boosted healthcare names. The euro was slightly lower against the dollar and Treasuries slipped. A glut in refined products weighed on oil, and gold eased.