The hard sell-off Friday was a nice touch. Once it got back above those levels yesterday and just sat there it just felt "different". Meantime, VIX being hammered right back to the early March levels.
Noticing how hard the vix is falling...the last week has been hard on the vix....I'm looking to buy TVIX again, probably after another 2-3% rally in the markets. Should drop it down below $6
Its not happening IMO.. buy short term sell off would be based on "political uncertainty" and buzz words like "constitutional crisis"..
Just get long and sit tight, its all rigged to the upside during earnings. The overnight rally in index futures will create all the gains. If you wait till cash open in the morning your going to get crumbs.