The Market blasted out of the gates this am and then by midday
fizzled. Oil reversed and went negative, Money rotated into
Metals and Bonds. Risk off by the EOD. Just keep your
eyes open and hands on the wheel.
The vix last three days gets a pop near the close
and then the next morning goes down that has to change if we are
going down . There will be a pull back from somewhere .
Often those are institutions front running the futures market -
then selling into the cash market near the close- more liquidity.
Like setting up a line of crab pots. Setting them up
with bait, letting them soak, crab goes into the pot and then
pulling in the crab.
The Market blasted out of
Posted by ssaffer on 7th of May 2020 at 05:45 pm
The Market blasted out of the gates this am and then by midday fizzled. Oil reversed and went negative, Money rotated into Metals and Bonds. Risk off by the EOD. Just keep your eyes open and hands on the wheel.
The vix last three days
Posted by a12404 on 7th of May 2020 at 06:20 pm
The vix last three days gets a pop near the close and then the next morning goes down that has to change if we are going down . There will be a pull back from somewhere .
Often those are institutions front
Posted by ssaffer on 7th of May 2020 at 06:28 pm
Often those are institutions front running the futures market - then selling into the cash market near the close- more liquidity. Like setting up a line of crab pots. Setting them up with bait, letting them soak, crab goes into the pot and then pulling in the crab.
good analogy ! you are
Posted by a12404 on 7th of May 2020 at 07:54 pm
good analogy ! you are making me hungry!
Love crab, lobster, fish. Anything
Posted by ssaffer on 7th of May 2020 at 09:26 pm
Love crab, lobster, fish. Anything cold water and from the Pacific Northwest.