Last week’s price action in the SPX , down about 1.8%, capping an almost 4.5% decline from the Aug 2nd all time high had the makings to the be the start of something real, despite …
Continue readingSyria
A little over a week ago, we placed a bet on the VIX that was predicated on the fact that with all the uncertainty around events in September that the VIX would effectively have a …
Continue readingMorningWord 8/30/13: As the global community contemplates airstrikes against Syria on what appears to be fairly clear evidence that the ruling regime used chemical weapons on civilians, Crude oil has seen a bit of a …
Continue readingIsraeli air strikes into Syria over the weekend caused a spike in crude oil prices when the futures opened on Sunday night. While neither Israel or Syria are relevant for the global oil market, traders …
Continue readingThe SPX closed below the 200 day ma for the first time in 5 months. I think it has more to fall based on the lack of panic shown by the VIX. However, I’m likely …
Continue readingMy whole premise for being short and bearish all spring and skeptical of the rally off of the June lows was that global markets under-appreciate what appear to me to be a rapidly increasing list …
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