Yulia Slavina

Mike McGlone: Market volatility recovery may be starting in October

Mike McGlone: Market volatility recovery may be starting in October
Market volatility may recover in October

Mike McGlone stated that a recovery in market volatility may be just getting started as October begins.

McGlone has previously noted that U.S. natural gas futures remained below $4 as managed-money net-short positions increased, suggesting a potential supply glut in the sector (full story). He has also identified $2,000 as a key resistance point for platinum after prices reversed from near $3,000 an ounce (more details). These observations add context to his latest comments on shifting market volatility.

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