Think about the big boys? Who sold the NOV. 1400 straddle....Can you say ca-ching....Or manipulation.... Vix near all time low, Monday we go lower is my best guess as they dump out of their positions and start working on their new Dec 1400 straddles (strips would be easier to make profitable) long that they bought for dirt cheap today and it's easy to get the VIX climbing and the market falling when you are dumping stock...I mean Tuesday one Man bought S&P 500 futures with 500 million and a 10:1 leverage and moved the index 14 points by himself....I know he drove it to a level where buy programs kicked in at 1389 but what does that say about efficient markets... edit: 1399.95 @ 3:35pm....Can you say greed!!! $COSTAverageMAN
please bring back the VOLATILITY..... this market is so boring to trade today....up 15-20 alllll day long...
Late on Thursday, the VIX, also known as Wall Street's fear gauge, fell more than 2 percent to a session low at 10.04 points -- just a whisker away from the July 20, 2005, intraday low of 9.88 and the Jan. 28, 1994, closing low of 9.94.
10.08 lets see a pull back in equities right before the close to bump it up a tad. Man I am licking my chops and getting ready to pounce on some signal to sell this market, it is more overbought than anytime in the last 4 years. I just dont understand the excitement, the inverted yield curve appears to be no big deal. The bulls are swinging from the chandlers right now.
All dips are to be bought. Gap downs are golden money handed to you Bad news is good news if the market gaps lower and you can buy. Then as always rebounds higher.
anybody with experience knows talk like this is a warning sign unless it really is different this time.
Personally I would be selling all spikes and resistance levels for your personal stocks.....We are not in some crazy bull market where everything is moving up... ANYMORE... Hey, $CostAverageMan, if you are going to hit me with logic, i don't want to chit chat.
18th record high since october 1st...... amazing....off to a negative opening followed by closing at the highs for the day..... Tomorrow will be greener than today, only way its said on wallstreet!!!