There has been a lot of talk about volatility in the markets of late, as the VIX itself has been subdued for a while now.
Although the VIX never hit single digits, it came close over the summer.
Sooner or later, the presumption is that periods of calm in the markets lead to volatility. Seasonally, we should see an uptick in volatility, especially with the Fed and the BABA IPO later this week.
If the UVXY ETF clears $27 soon, I am interested in taking a shot on the long side.
See you after the bell for my video market recap.
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Don’t forget Scotland Vote Thursday. I am not sure but wouldn’t be surprised to see results during US market times. Will they allow a RED market for the $BABA pricing or IPO though?
Oil and Natty looking for a bottom here. I’m starting to warm up to the idea of buying them on dips here
Been contemplating natty gas, talk about volatility! $BOIL tempting me..
I am trading one of Chess’s favorites UGAZ. I expect it to keep jumping and dropping 5%+ on a daily basis here. Plan on layering my way in slowly. I expect a nice spike in natty soon. The key is the dollar.
I’d still like to short GM….
great flick..”my name is