may be if the VIX prints the high teens they'll catch a bid.
althought the management of this scam eats it daily.
If you're 'short', I'd cover, go 'long' and hold over weekend and look to exit Tuesday afternoon or into close Tuesday. This rally is going to last a few trading days and I expect it will be notably although short-lived.
Well, at least into mid-next-week. This is not a rally to fade. Look to short next week, Wednesday afternoon?
I would not fade this rally today, in fact, I would hold over the weekend, and look to sell the bounce on Tuesday afternoon or into the close Tuesday. News will be market positive until at least mid-next-week.
Low rates are effectively financing the U.S. government. And, while there are certainly valid critics of the so-called Fed' balance sheet transparency, everybody knows higher interest rates mean they could not sell anything, as it would all be under-water. That's just not going to happen.
say the government is already broke, a rate rise will insure that becomes a working reality. As to the Fed, higher rates will turn their Balance Sheet into a 'negative value portfolio'. So, all this talk about rates going-up is a lot of noise. The quarter point was political, period. Although the Fed may be entirely insane, they know one thing ... raising rates will cause the equity markets to entirely collapse, and a dollar that soars much higher, could end up causing China to dump treasuries, causing an asset devaluation in the U.S. that would make 2008 look positive. JMHO.
So, as Janet would say, sell everything and never look back again. We're entering a full-blown Depression, and most will never recover from it. Today, if not tomorrow, the stock market will completely collapse and everything in it will become effectively worthless.
it would be typical. When ever EVERYONE is on one side, HFT's tend to wipe-them-out!
May be you should wait and see if the VIX can hold 27 for more than 10 minutes first.