Four Charts Of Recent S&P500 Price Volatility – February 6, 2018

This post is an update to past posts regarding stock market volatility.

While I track many different measures of volatility, I find the following charts to be both simple and clear in depicting the recent volatility in the stock market.

Overall, my analyses indicates that there are many reasons for this volatility, and the volatility is highly significant.

For reference purposes, shown below are four charts with y-axis price labels.  Of note, yesterday (February 5, 2018) the S&P500 and Dow Jones Industrial Average (DJIA) had their largest point declines in history and the VIX had its largest point gain and percentage gain.

First, a one-year daily depiction of the S&P500 through yesterday’s (February 5, 2018) close, with a 50-day moving average (MA50) depicted by the blue line:

(click on chart to enlarge image)(charts courtesy of StockCharts.com)

Second, a three-month daily depiction of the S&P500 through yesterday’s (February 5, 2018) close, with a 50-day moving average (MA50) depicted by the blue line:

(click on chart to enlarge image)(chart courtesy of StockCharts.com)

Third, a three-month depiction of the S&P500 in 60-minute intervals through yesterday’s (February 5, 2018) close, with a 50-hour moving average (MA50) depicted by the blue line:

Fourth, a three-month depiction of the S&P500 in 10-minute intervals through yesterday’s (February 5, 2018) close, with a 50-period moving average (MA50) depicted by the blue line:

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The Special Note summarizes my overall thoughts about our economic situation

SPX at 2648.94 as this post is written