A little drizzle. Slight chance of making it rain.
Good morning traders, another video regarding the FEAR index - CBOE:VIX . I posted the video yesterday, that contained information about VIX extreme points that are good for finding Lows in the AMEX:SPY Another approach is to search for divergences between SPY and VIX market . If the market is falling down but we have less panic, it is likely to turn...
The last 3 trading days since the last analysis, we have seen more of the same bullish action. Many stocks, especially the NASDAQs, techs, and biotechs, were breaking out and running wild. I was able to catch some of the action with a DOCU long last week. However, there are some red flags popping up that could indicate that the uptrend is now terminating. ...
$SPY/ $DXY/ $GLD/ $BTC Incredible YTD Chart! In order: - Gold - Cash - Bitcoin - SP500
Can you guess which line is which? Hint: Gold up top. Cash in the middle. SP500 at the bottom.
Hello traders, we will try to implant a new point of view on the markets today. What if I told you that there is a tool that can find a bottom in the AMEX:SPY market? This tool exists and is called CBOE:VIX . If you compare these two graphs, you will easily see, that almost every extreme in the VIX market found the bottom in the SPY market. Yes, it's...
$GLD/ $DXY/ $SPX Seems like $GOLD is acting as store of value.
$GOLD is proving a store of value in this crisis. Proven. Chart. $XAUUSD $GLD $GDX
$GLD/$SPY YTD INCREDIBLE CHART $GOLD $XAUSD $GDX $PHYS $BAR
As expected, VIX has broken down below the support line. It's going to be incredibly hard for it to pick up at this point barring some new natural disaster. Keep in mind that a RECESSION does NOT mean VOLATILITY. Do not equate these two. Fear of recession will not cause VIX to go up. If you're still holding puts as recommended last time, you can sell today or...
VIX index is still high denoting volatilty is still present
Every few days I make it a habit to post my thought of the market conditions and my thought process as a swing trader. The point of this analysis is when I am analyzing my performance, I can look back to see what I was thinking and what kind of improvements should be made to my analysis. So far it has been extremely beneficial to write down my thought and...
Judy Shelton is an American economic advisor to President Donald Trump. She is known for her advocacy for a return to the gold standard and for her criticisms of the Federal Reserve.Trump announced on July 2, 2019, that he would nominate Shelton to the Fed, and her nomination is currently pending in the Senate. Who owns the most gold in the world? United States:...
Are the markets getting any better or worse due to this Covid pandemic??? Gold is taking off. Rising 20% in last two years. Gold has not surpassed the US dollar like it did in 2012. See graph! So it can't be that bad based on this technical analysis. Fear (VIX) is getting lower and markets like S&P, DJI, NASDAQ are rising and stabilizing.. However, the feds are...
Despite Corona cases and deaths rising in USA , the VIX S&P is going down showing less fear. It doesn't mean we are in a safe zone. It doesn't mean we are going to still see more Corona case rise along with more deaths. It just means the VIX S&P is showing signs of stability and reduction in market fear for that specific index. Which is good. I'll take it. Its...
Market ready for another leg down and will make VIX go up. Target 58-60.
VIX at 61.8% Fibonacci retracement. At this point it is a make or break situation. The coming week is the start of the earnings season and the hit from Corona virus could be shown in many companies. This could cause a highly volatile environment, but presents us with a good opportunity to trade here. So mind your risk and watch the earnings calendar closely for...