DOW TO THE MOON!! I can see it now.... 20 years, every other day... "we're close to a deal". Gotta be nuts to short against that! https://www.zerohedge.com/markets/j...0-years-amid-threats-globalization-has-peaked
So basically, now is the time to long the VIX/VX. Sure feels that way. You know, gut feel. As if the VIX is ever going to drop below it's historical lows of about 9.x. Mmmph
"Trump says China trade deal 'close' but dashes hopes for signing ..." "Trump threatens substantially more tariffs if no China deal ..." "...can a so-called phase-one mini-trade deal with China be signed?" "Trump said he hopes U.S.-China trade deal will be signed ..." "US-China trade talks hit snag" "Trump said he had not yet agreed to roll back any of the tariffs" "...wrapping up an interim deal..." "Trump rules out complete rollback of China tariffs..." What a soap opera. Overnight is right.
Interesting also.... Now when there is a story/blip which could be a negative for the trade "theater", the markets basically just ignore it. But when there is any word of something positive (real or imagined), the markets jump. Fantastic job of psyche/market manipulation!