April 9th, 2009

Today marked a huge for recovery. Wells Fargo announced unexpected record earnings and showed that there is a large quantity of demand for mortgages, and this can only tell us that demand for housing is recovering and prices will too in time. The VIX is down to 36.53 and the price of a barrel of oil closed at $52.15 - both marking a breakthrough of a significant threshold of 40 for the VIX and $50 for a barrel of oil. The decline of unemployment numbers look to be improving and the major indices are reeling in loses. The turnaround has arrived.