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Michael A. Gayed highlights a notable market move, observing that the S&P 500 index fell 1.25% while the VIX fear gauge surged by 12.37%.
He characterizes the shift as more than routine weakness, suggesting that the previous day’s market calm was temporary.
Gayed recently apologized for his earlier Bitcoin margin call comment about Michael Saylor, indicating plans for further analysis. He has also identified that military strikes led to a sharp increase in oil prices denominated in yen. Both incidents add to his record of tracking significant market responses.