Today's trade: BOT +2 VIX 100 21 AUG 19 18 CALL @.55 We're taking a position here that the VIX is overdue to 'normalize' and possibly spike higher than average by late August. This could happen if the S&P500 were to suddenly start to sell off after this recent period of low volatility. There have been reports lately of a mysterious VIX trader who's been...
A way to take advantage of volatility on this market could be this short-term futures based on the $VIX. For more ideas and analysis with premium sources... Please suscribe!
China talks next week. Fed talks / rate decision next week. We could have Tariff Man return. Getting cheap shorts and insurance.
Morning Notes 07/30/19-Gary Dean Trading Environment-Short Term: Current Environment-Bearish Hi Everyone, Futures are down this morning and the bearish wedge was triggered. The target for the pattern is right around the 2985-ish, which also matches up with the 23% retracement line. It is already trading below the 200 dma on the 60 minute charts and that is...
Supplement to the Yield-curve, Employment-rate, VIX-Volatility, Buffet-Indicator VIX Volatility Index The CBOE VIX Volatility Index measures the expectation of stock market volatility over the next 30 days implied by S&P 500 index options. Also known as the Chicago Board Options Exchange Volatility Index ( CBOE VIX ), it is one of those frequently talked...
Morning Notes 07/29/19-Gary Trading Environment-Short Term: Current Environment-Bearish Hi Everyone, Futures are pretty flat this morning as we head into "how much will the Fed cut rates" week. There is yet another bearish wedge pattern now on the /es. It is smaller than the pattern I have been showing on the daily SPX charts, but it is a clear pattern with...
Morning Notes 07/24/19-Gary Trading Environment-Short Term: Current Environment-Bearish Hi Everyone, Futures are down some this morning, but try to bounce off of the now crossing up 50/200 dma on the hourly chart. Momentum is quite overbought and rolling over, so the bears have some gas in the tank if they wish to try lower. The fact that the bulls fails to...
It's cliché to be a stock market bear these days but I find it healthy to attempt to do so so long as there is a wave count and reference level one can stick to. Turning to the chart, it appears we are struggling to break through to new highs in the $3,000+ area. This could suggest one of two things: (1) as shown in yellow, that the entire move up from the...
Morning Notes 07/22/19-Gary Trading Environment-Short Term: Current Environment-Bearish Hi Everyone, Futures are up some this morning, but right at a pivotal point here. The /es has to get above the 50/200 ma's which have crossed to the downside (2989/2994) The crossing of the averages is your basic technical analysis, but I use it to learn more about what...
Vix sporting another ending diagonal therefore a stock market correction is around the corner.
Watch out....VIX and VXIBM are stretched. Great pairs trade coming up. Short IBM vol and Long VIX.
Earnings numbers will most likely be disappointing. Vix has been sputtering up and down, and china trade talk developments are not making any progress. Market looking pretty toppy right now. NOT FOR THE FAINT OF HEART.
Morning Notes 07/18/19-Gary Trading Environment-Short Term: Current Environment-Bearish Hi Everyone, (Sorry for the lack of posts and delay in these morning notes. I have been extremely busy and actually taking some days off) Futures have been bouncing around all morning. Buyers did step in at the 50% Fib line and technicals are oversold on the 60 minute...
VIX is sitting on a trendline which started in December 2018. As SPX continues to make new high, perhaps is time to put on some protection when VIX is so cheap or low.
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SP 500 reaches a new all-time high Comparison
Dorsey on Ether: 7/8/2019 This was sent out to members yesterday. We are going to be diversifying our reports and adding certain sectors/etf instead of just covering the SPX. We did our first one yesterday and the timing was perfect, as etcg was trading at 21.10 when it was sent and hit a high of 23.70 or an 18% gain in 1 day. Not BAD!! From Woody Dorsey: I...
What happened if NASDAQ has: 1. Double Peak 2. H&S 3. Bearish Wedge The answer is short. Back to my VIX study one week ago which showed a bullish divergence, I expect more drop in S&P500 as well as NASDAQ, too.