Monday, December 8, 2014

$VIX is popping

Looks like there's a downtrend a-brewin' in the US market:

Dunno if this is just a one-day thing or if $VIX is intending to break out further.


I'd think if HYG is going to drop below $89 tomorrow, that the $VIX breakout will be further.

Nothing wrong with the US economy: it's just that Wall Street Whitey has all his positioning wrong and now he's got to sell some stuff to move some money around.

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