Went all in cash yesterday, and not locked in any trades.
Whenever Vix is elevated about 15% or more on its 10 day moving avarage then 99% of a time stocks drop and stocks will keep dropping until Vix drops about 10% on its 10 dma.
More covid cases . Again Fed Powell said not to under cut stimulus funds. #BA lays off more. Economy is a disaster that didn't have to happen. Seems Pres determined he goes down we go down .
Microsoft ER reaction sets the tone. Both the central banks and the market big money have joint forces now putting pressure on Governments to pump. .. or else.
Morning GM & all interesting day ahead I'd imagine....funny thing the "narrative" for the market's drop is COVID case crisis (50% or more False Positives), meanwhile the market's WAY overdue for some sort of correction....or something much bigger!
Went all in cash yesterday, and not locked in any trades.
Whenever Vix is elevated about 15% or more on its 10 day moving avarage then 99% of a time stocks drop and stocks will keep dropping until Vix drops about 10% on its 10 dma.
VIX 100 ! )) https://twitter.com/NorthmanTrader/status/1320780741148553217/photo/1
thanks for the vix tip
Been earning some profits since 3 weeks ago, didn't loose any.
VEEV, IPHI, ETSY, W and SHOP stocks earned for me in the last few days, strong stocks.
and FB.
More covid cases . Again Fed Powell said not to under cut stimulus funds. #BA lays off more. Economy is a disaster that didn't have to happen. Seems Pres determined he goes down we go down .
Microsoft ER reaction sets the tone. Both the central banks and the market big money have joint forces now putting pressure on Governments to pump. .. or else.
Morning GM & all interesting day ahead I'd imagine....funny thing the "narrative" for the market's drop is COVID case crisis (50% or more False Positives), meanwhile the market's WAY overdue for some sort of correction....or something much bigger!
Vix will guide us.
ABSOLUTELY! The Vol of Vol as Kieth@Hedgeye would say
Volatile days ahead...
Christmas 🎄 came early