FED days are usually wacky. Quite the roller coaster today. Should be more interesting to see what's in store for next week. Overall, the trend up seems to be going strong still. Next week marks the end of August.
Only thing interesting will be when it hits ATH. Seriously the thing is unstoppable. Just hilarious seeing every dip instantly eaten up.
I predict the week of November 3rd will be a bit more volatile than usual, and the VIX will go up a bit compared to the average VIX reading of Nov 1st. I have spoken. *Gong*
Unless Harris is a better candidate than her history implies, we will see chaos on November 5-6. Maybe even lock limit down on the ES. I'm pretty sure there will be riots where I live just like in 2016. The SF bay area really hates Trump.
NAIL ....3x homebuilders etf. Skyrocketing once again on rate cut talks. Time to start a short position, add more above 200 and so on.these 3x etfs once markets turn literally collapse!
Lock limit down on ES???? Riots??? Might as well throw in martial law to while your at it. Not going to happen, none of this is going to happen. You know why.... We have the candidates already for election and the markets don't care who wins, if there was literally any kind of fear in markets based on the November elections because of who was running at the moment (Trump/Harris) we would see the markets right this second taking this into consideration and already in fear mode, you would see the protests and riots starting to unfold and social media posts circulating these movements......You would see reactions to this already, you don't though so riots and Lock limit down on ES at the time of elections are NOT happening...and if by chance you see a riot it will be nothing more than a few areas of the US which will fade off after a day or 2. Again markets do not care about anything else but rate cuts and the AI fad. If you have the fed handing the markets rate cut and the mag 7 adding billions in market cap each and every week there is nothing to worry about.
Looks like no naked calls for me on the vix starting soon. Complacency is just minting people money on the short side of the vix but yea I'm sure volatility will pick up in October and November. Yoi may get a 20 vix haaa. Nothing too crazy but a 20 vix in today's market is considered extreme!!
trump will lose but still why waste a good reason to get free shit... right i might fly to cali and hit rodeo drive myself