Todays market gap higher and uvxy gap lower -
Shorts who shorted too early, trying to cover, limit losses. after years and years of being too early.
Briexit seemed like a big deal - and it was
Amazing how the PPT via Goldman, buying stock futures
can force shorts to cover, and markets rise again.
How long can the manipulation last ? Long than most bears can remain solvent.
Commodities have crashed, semi recovered
Banking stocks have tanked - Why are many banking stocks at multi-year lows.
When banking stocks fall that hard, big money is selling for a reason.
Puerto Rico default - a nonevent.
Greek default - a nonevent
Deutsche Bundesbank problem - a big deal. Then again Deutsche Bundesbank is TBTF.
The bears will have their day........
New highs in the markets with a manipulated market - will not last.
Manipulated markets always end badly - and yes, most long term bulls will get crushed.
One week ago, delta was basking in the glory of being a genius for buying uvxy on Thursdays close.
What a difference 1 week makes...........Timing is everything.
Was a great move buying last thursday.........but not selling on Monday not so much.
Once this rally slows down, near or above all time highs,
a good correction will come again.
Not a question of IF, rather a question of when. Late summer or early fall. Oct would be perfect.
Why are stocks moving higher, when by all reason, stocks should be moving lower ?
PermaBears, short too early, then forced to cover...........provides a lot of fuel to push stocks higher.
The PPT is fully funded........the manipulation continues.
AND NO - The Fed is not out of bullets, no matter what bears say.
bought some uvxy at 11.85. Ill add at 11.50 and 11. gl
Hopefully you sold at $15 on the fast bounce, or considered my thoughts, its too early to buy the vix.
$9 is tempting, but the momentum to new highs should continue, almost there.
delta could have made a profit - but got greedy and forgot to sell.
Its not his fault - if people would stop buying stocks - delta would have been a genius.
Why are stocks not falling ?
The economy is not booming - why are stocks at elevated levels ?
Maybe QE 4 is coming soon. Fed can raise rates in 2021..........5 years or so.
now i have 2100 uvxy.
Did you take profits at $15, or you are waiting for the BIG RED DAYS ?
Oh wait, $15 is not a profit...........just less of a loss.
s/p 1800...........only a mild 10% correction. Why so bullish ?
Did a 7 year bull market convert you away from your bearish outlook ?
The VIX is subdued?????
Other than a small spike, did not hold.............imo
how high did you think the vix would go ?
With the market so close to all time highs.......is this an appropriate time to go short ?
Little corrections are normal. Briexit was huge, but short lived.
Guess markets will make all time highs. At least a few of the averages, like Dow and S/P.
Transports, NASD......maybe not. Yes the divergences give credence to the Bear arguments.
A weak bounce. A bounce was expected.
Everyone is a little nervous.
Bulls are worried, markets continue lower. Bears remember many short covering rallies.