Thursday, September 25, 2014
Three risk charts, the smell of fear, and Mila Kunis
Someone ring Joey the Weasel and tell him now is an appropriate time to run an article about high-yield debt getting SLAMMED.
Though fundamentally it's still well-funded so this is still a buy op.
But at -3SD it's revealing an unreasonable fear.
Still -2SD. Now it's wiped out the entire advance since May, and on 2 weeks of action. Good call, Josh!
I'd love to see $VIX pop to 30 or 40 on this weakness, cuz if it did I'd short $VIX into the frickin' stone age. But, just like me marrying the beautiful and intelligent Mila Kunis, I guess it'll never happen.