Well, I wanted drama. We have it today. Stocks are getting pummeled, even drawing down on my virus related stocks, which I thought would be immune to the pangs of SECOND WAVE FEARS. The day is still young and anything could happen, but it would make sense to get some sort of broken elevator action in market to blend wonderfully with all of the chaos and the mayhem.
The VIX has been depressed. Maybe it’s time to wake her up.
I will like vaccine and COVID-19 related plays, but might grow wearisome of them in a big way, should they keep going lower. I am also looking at treasuries and gold to hedge.If you enjoy the content at iBankCoin, please follow us on Twitter