$VIX - Have a look at the daily candle. What does it tell you ? Bullish ? In case you get the wrong idea about the VIX, it moves inversely to equities
So, SPX500 along with global indices are heading down. In fact, at time of writing, all indices are down 5-9% . OUCH !!!! It's a gap down, so if you missed it like I do (had to take care of the kids, back to school after a week long holiday), then watch the chart first! Sadly, despite so much has been done to prop up the economy, it seems to go the opposite way.
This morning in one of my trading groups someone noted that the VIX has come down off its highs and has begun to descend. Analyzing it in the same way that suggested the initial fear spike was going to be a sustained period and not just a quick spike I do not think it is over. We have come off the highs but volatility will always do so as it is mean reverting. ...
Just a short idea for today folks. It appears VIX is in a corrective wave 4 down to the low 50s (which we hit today) and it appears it will make its final wave 5 over a period of time. How fast or slow this happens remains to be seen, however, from the voraciousness of buying and selling in the market, it should happen sooner than later. VIX likely bottomed...
The last time the VIX was at these levels was during the 2008 GFC market plunge. We then saw the VIX top out / markets bottom out after the VIX printed its first red weekly candle. It looks like we just got out first red weekly candle again in the VIX after a significant market plunge, so I am hopeful here.
Now that VIX is in backwardation, it is a good time to bet on it. VIX reached one of its all time peaks a week ago and has been on a cliff dive since. EXIV tracks EURO STOXX 50® Volatility (VSTOXX®) at a -1 multiple. (www.stoxx.com) Although it is not directly the VIX, VSTOXX closely mirrors the VIX. As it is turbulent times, I think EXIV can reach at least the...
Bail Repo Market Bail Euro Market Bail America Free Money for everyone!!!!! None of these methods have done enough to quell investor's fear. And deservedly so. There is no end in sight to this CoronaVirus, unless the summer heat "magically" kills off the virus. Prolonged stretches of forced social distancing and furthermore travel ban will affect the hotel...
Exploded higher than I thought and the pullback to test ~139 was also very quick. #Rates may double dip as #Fed suppresses $ZB_F $ZN_F $TNX $SPY $SPX $ES_F $VIX $QQQ $NDX $NQ_F $GLD $DXY #Bonds
Just like I forecasted, the VIX took a break and closed the 57.5-ish gap and I am looking for the VIX to butcher its way to new ATHs. Not necessarily in a straight line, but the next leg down in equities is likely next week as cases in the US start to ramp up and ravage the domestic economy. The entire world is in shutdown. I was one of the first people to...
I’ve been following UVXY for a while, price continue to rise while the markets fall. Waiting to place a credit spread or something to take advantage of IV
This market is not your father's market. Cash is king. That's all you need to know in the immediate future. Virus or no virus...the lasting impacts on society and business as usual can be structurally damaging to equity valuations going forward. Not to mention all the bailouts that will be given with the precondition of no buybacks. best of luck. I'll make...