Gotta love ZERO RISK in the SP500 = $$$

Back up again, looking for that breakout.

 

Easy money to be made overnight, don't sell, hang on for the easy ride up.

 

Gold:

 

considering how the market opened the close was actually a gift to the bulls once again....the markets closed well off their lows of the day ...still above support lines, so all it all this wasn't a bad day for the bulls....Im sure Fridays losses with todays losses should be totally erased by Wednesdays close after the fed statement comes out.....so thats about 250 dow points to the upside, or lets just go with DOW 18,000 by Wednesday close once the fed releases another DOVISH statement once again as they always bow to wall street when wall street needs it most.....buy the dips and celebrate into the end of the week.

 

I'm amazed nobody in here has posted a chart of VXM5 or VXN5.

 

VXM5 goes off the board 6/17..so with spot up today it has to converge up..nothing odd. front curve flattens on vol...etc etc

 

I am still holding my long IBB...probably get out tomorrow, but pre-FOMC ramp is always likely too.

 

So what about N? It was that your reference to front curve flattening?

 

Took a loss last night, re entered this morning.