The VIX is finally starting to take notice of the insanity of holding the debt ceiling hostage and the ramifications of going through the Oct 17th deadline. With the spot VIX over 20 today, our …
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With the market falling below its 50 day moving average and no clear end in sight out of DC, the VIX trade is now worth 75c. We’ll take this opportunity to take half off for …
Continue readingThe stalemate on Capitol Hill continues. The market has had a small bounce today on news that the White House will meet with congressional leaders after the close of trading today but we’re not expecting …
Continue readingVIX spot is above 14 this morning, mostly due to the weekend effect (Oct VIX futures are only up about 0.15 point). The VIX is in the low teens once again after a precipitous fall …
Continue readingWSJ The stakes are increasing for this week’s EU Summit, the latest in a series of meetings European leaders having been holding to solve the crisis. Even Italy’s prime minister, Mario Monti, has joined a …
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