Well, the permabulls might have to return to antique shopping and hairdressing for a while.
As I mentioned yesterday, we have entered the bullish season. That is, for volatility.
I’m particularly taken by what appears to be a rather cyclic pattern on the small caps, shown here by way of the /RTY futures over the past sixteen months.
Or you can keep watching Tom Lee prance around on the screen, offering gems like this one from December 2021:
