Ummm. WHAT Volatility?
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Expert Systems
You’ve seriously got to hand it to the government: since they are in the business of tamping down any market insecurity, they are getting better every single time. The evidence is right in front of us in the form of the VIX: every few months, when a genuinely plausible reason comes out for the market to weaken, the VIX briefly pushes high. However, it gets less-high every single time. Every. Single. Time. This is what worried me about April 19th, because we were approaching the prior high. Like clockwork, it turned tail and collapsed back to 13 again.
Fear Flees
The increase in the VIX value took weeks, but in the past three trading sessiosn, most of that lift is alrady gone. The interesting thing about this from a chart perspective is that the price bars are behaving like a normal financial instrument, and “support” for the $VIX should be found right about where we are just above the green tint.
Goldfingered
After the past couple of weeks of the market being beaten down due to Middle East tensions, the fact that things have simmered down is all that it took to cause a rally. I welcome the rally, and I hope it’s a huge one, but I’ve got to say a couple of things: (a) I fear the rally going take a long while, which is a drag for an impatient chap like me sitting on buying power (b) I’m surprised how utterly FEEBLE the rally is right now, with just a little bounce taking place, indistinguishable from all the others that formed during the midst of the selloff itself. It’s pathetic, bulls!
Thank You, Barron’s!
