Will tonight be the night that global markets stop ignoring the Trump/Comey/Flynn/Russia conspiracy narrative?
Had some problems today ....... "Good" http://www.businessinsider.com/former-navy-seal-jocko-willink-failure-2017-5
It seems these pops only make it fall faster. Probably from all the bus people that pile in after these one day shocks. Time will tell...
Haha. I'm really amazed at how aggressively these Brexit, US election night, Comeygate dips have been bought......as skeptical as I have been of the last 6 months of bullishness in US stocks, starting to believe there really is a strong amount of conviction here - these bulls are not shaken and want this market higher. I remember watching that incredible blowoff top in silver in 2011.....anyway, one afternoon there was a sudden huge 30 cent puke in /SI and myself and everyone in the chatroom I was in at the time assumed that it was sign that a parabolic top was in........I kid you not, within 30 minutes, bulls blasted those bears and reversed the entire puke and /SI closed at a new 30-year high....it then ran from $40 to $50 over the next week or two. Not really related to what is happening here in US stocks, but that example reminds me that it is just amazing what markets can do. ------------------------------- Speaking of which, anyone else trading the Brazil 3x ETF (BRZU) lately? That thing has had some awesome big dollar intraday swings over the last couple of days, and is likely to have a lot of "juice" for a little while going forward.
Made money on EWZ and EWZS already, closed both when too much bad news hit. Half way around the world relying on headlines I didn't buy the 15% or so selloff. Ah well, at least I added to EEM.
vvix popped to 115 like a month ago, same here, now back near 80, studies put in only to aggravate Maverick!! no secret sauce for you Mav.
I stopped watching metals this week while I worked on some programming stuff...was catching up on my computer work tonight and notice all my lines were screaming sell from the 11th on.