This market Can go much lower but could bounce on these levels before it go lower.
VXX, VIX, TVIX, VIXY, etc all consistently banging against a descending diagonal trend line, meanwhile also printing an inverse head & shoulders pattern. A break above neckline or DTL suggests a massive move higher for volatility, which spells trouble for equities and indices.
EARNINGS No options highly liquid underlying earnings announcements this coming week. EXCHANGE-TRADED FUNDS Ordered by implied volatility rank: SLV (80/27) GDXJ (74/39) GDX (72/33) GLD (76/13) TLT (62/16) XOP (43/40) Precious metals and miners still hanging in there another week with high rank/high implied with GDXJ presenting the best rank/implied...
So I'm seeing a lot of people freak out about the rally today, and I'm here to inform you that it is what it is - a load of bull. Trade talks aren't going anywhere. Xi Ping is trying to buy some time with the US so he can take care of the crisis that is Hong Kong. This supposed claim of "willingness to cooperate" is a trap and Trump won't fall for it. From...
market hopes are up big time for trade deal
Hard to ignore this pattern. VIX futures look poised to explode higher in the coming months.
Trading Environment-Short Term: Current Environment-Bearish Hi Everyone, The SPX is going to gap higher again this morning (Shocker) and if they stay where they are at the open, the spx will be some 55 points off the lows with 51 of those points coming without a cash trade. It may sound like you have read this sentence before and that is because you have-with...
EARNINGS No options highly liquid underlying earnings announcements this coming week. EXCHANGE-TRADED FUNDS Ordered by implied volatility rank, with GDX, GDXJ, and XOP providing the best rank/implied volatility metrics for premium selling (>50% rank/>35% implied): SLV (96/29) GLD (95/18) GDX (82/35) GDXJ (80/40) TLT (69/16) FXI (54/26) XOP (52/43) The 16...
Nice running flat formation here. The .786 doesn't seem to be holding so the best target is the 1:1 (which is typically a standard target). Could happen tomorrow or Wednesday, when the fed's July meeting minutes are reported. I'd recommend getting into position by tomorrow though because we could have a big jump in the opening price on Wednesday. Target = $15.25
Markets had to hold 2920 to break the volatility cycle from last week. Under that level market makers will amplify and selloff. The fact that the market buyers couldnt overcome just a bit of dealer selling isn't great. FOMC minutes Wednesday and Jackson Hold starting Friday.
Bought TECS calls expiring January 2020 and UVXY Calls expiring September 30th . Don't flinch if they drop. Just wait and cash in when they pop! I'll update weekly. Use only risk capital. Target 1 for TECS is $21 and target 2 is $30 UVXY Target 1 $50 and target 2 is $75 Because they are options, reduce your position and be patient. I set no hard stop on...
Hi Everyone, I put this out yesterday to our free email list..sorry for the delay. Be sure to check out the free video report in the link below, What a wild ride last week was for the stock market! Both sides have been forced into overdrive to sell their views on main stream media. Our turn dates and sentiment data has kept us from having to listen to the...
EARNINGS BIDU (97/55) announces earnings on Monday after market close, so look to put on a play in the waning hours of the New York session ... . Pictured here is a September 80/120 short strangle paying 1.65 as of Friday close with delta/theta metrics of 1.57/8.07. You can naturally go defined risk, but you'll have to go in a smidge tighter with the shorts to...
Depending on how the markets open and futures go over the weekend, we could buy right here on the .618 fib level and bottom of the triangle. We still have to finish the C wave correction, so we need to see this triangle hold. If it doesn't we could be looking at the $15.51 support for our next target because that would be a 1:1 ratio ABC correction
VIX: Volatility Index - Extension to the US (SPX) Sectors Technical Analysis Series - 17th of August 2019 (9 Minute Read) As it can be observed from the chart, this is an extremely complex(Premium) volatility analysis . The purpose of this chart is to evaluate the probability and the timing of the next recession in the short to medium term. Now, let's...
While I sit on the shores of Lake Coeur D'Alene and wait for the fish to bite I was looking through charts and noticed the VIX chart seemed awfully similar to the DOGE chart. So here we are on the verge of another Alt Season.
VXX always decays. The best time to short it is when when VIX has temporary jumps.