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.