The real Wes Weber must have been kidnapped and replaced with a lesser mortal.
He wouldnt say such obvious but trite nonsense. Things are ALWAYS volatile, that is what makes VXX. but months are not a 'source' of backwardation, and its in contango again.
See you in the teens by the summer.
Yes at the last minute I did feel diffreently. I ended up covering some shares thinking about the debt ceiling and all other things that were pushed off.
We could have some heightened volatility. I have not traded as much as I have this week all year! Inflection point from my eyes! But to the normal of 12 15 and 16 is still pretty high. Probably accordingly so considering what may come around April May...
Ahh who knows right! Just being active and nimble is the name of the game here.