The VIX is like the loser index of the market, the fat girl at the end of the bar, the uncoordinated athlete on the football team. It has now entered the retard zone of zealotry. This is the part of the story when traders are gallivanting about the drawing room, popping champagne corks into each other’s faces–until one of them filled with c-4 explosives blows up the whole room.
The last time the VIX fell this hard was in March of 2012. Shortly thereafter, in May of 2012, the S&P 500 fell by 6%.
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We are holding a candlelight vigil tonight on the steps of the NYSE. Please join if you are available. #RIP
I’ll be there if we can get pizza at Adrienne’s and then move over to Delmonico’s for red meat.
That’s a good name for it. It’s going on my charts.
The low VIX ETFs ( XIV, SVXY) did not pay off this time like they have in the past.
I won;t play with them anymore.
A 6% drop is about 100 S&P points 1980-1950 for early summer would be a nice selloff to buy into.
fuf
showtime is still green ytd
youre not getting me to flip
fuckyoufed
show,
would you go short here?
p/e 20 and 22 dow s&p
forward 17/18 where estimates(mostlikely)high. it is just stretching
Stock markets, UP
HIgh Yield, UP
Treasuries, UP (??!!)
Volatility, clearly DOWN
Move along, nothing to see here
VIX to 11.
lolz. that’s all i got. : P
M. Fly, you are so cruel with your general analogies. I know, I know; It’s your Flog and you can write as damn well cruel “stuff” as you like as it tumbles from your great brain; I do think you have a great mind; but it must all get tiring for you so if I want to partake in the glory of your Flog, I accept it and hope you will accept my comments.
I believe in freedom of speech. I love the term retard. I have reframed it to describe ppl who should know better than to, for example, drive and talk on the phone or even more heinous text (haven’t seen this done lately, a tender mercy).
Flog sounds a little too much like Frog. Stop already. Next you’ll be going on about reserve currencies and how money printing solves all problems.
I live for the Retard Zone…………..I feel all warm and fuzzy when I frolic there.