The Dark Index (DIX) is a simple metric that tells us whether investors are using dark pools to buy or sell shares of S&P 500 component stocks. When it’s high, investors are buying. When it’s low, they’re selling.
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.
Volatility Smothered to Death
Any time someone tries to tell you that September is a bearish month………just punch them.
Plumbing the Depths
Wednesday, being the “big event” from the FOMC, is all about the dollar. The USD has been beaten down relentlessly ever since 2017 began. This is going to be a “make or break” day for the buck, since a strengthening dollar will torpedo gold (and probably help stocks) whereas a new leg in the dollar bear market will probably have just the opposite effect.
Well THAT Was Obvious……..
My silly little trendline has been doing a yeoman’s job of predicting when these microscopic bear markets are over. Those blue ovals mark when fear has peaked and reverse. The question is how much of a dry spell do we face now before we get yet another dance with volatility.
Is This As Good As It’s Going to Get?
As delighted as I am at the misery being pushed into the faces of bulls everywhere, I will collectively caution the good guys (that would be us……..) that the intraday VIX typically peaks, oh, about where we’re at right now. Of course, my soul is so far-gone at this point, I’m ready to hand our nuclear codes to fat-boy…………so we’ll see if this is yet another VIX flip or if we’re actually going to finally see some real action for the first time in eight years. I’m maxed out (no more buying power) so have no more trades I can possibly place.
