Posted by timebandit on 3rd of Nov 2022 at 01:10 pm
$CPCE was REALLY high yesterday and way above its upper band.
This makes the lack of reaction in the $VIX even more curious. With
so much put buying, I would expect it would be reflected in the
$VIX. But what do I know? Probably a simple explanation for it, but
I'm not privy to it.
I noticed that and said something during the day on the blog.
But wow, that is a high number. Wonder if this means any rebound is
going to be swift? Market is extremely resilient here and I'm
wondering if this is a B wave now with C to come; possibly after
the election a quick move up?
Posted by DigiNomad on 3rd of Nov 2022 at 03:11 pm
Seems likely, but Biden essentially promised the market will
crash if the GOP takes control of Congress. He has it setup
pretty perfectly as he will take off the SPR release very soon,
likely right after the election, which will act as stimulant to
overall energy prices. Then he will be stuck with the shenanigans
on student loan which comes due in December (extension period
ends). Anyway, he could very well be right about the market
crashing after the election, but it will be because he planned it
out that way.
$CPCE was REALLY high yesterday
Posted by timebandit on 3rd of Nov 2022 at 01:10 pm
$CPCE was REALLY high yesterday and way above its upper band. This makes the lack of reaction in the $VIX even more curious. With so much put buying, I would expect it would be reflected in the $VIX. But what do I know? Probably a simple explanation for it, but I'm not privy to it.
I noticed that and said
Posted by cozz101 on 3rd of Nov 2022 at 02:32 pm
I noticed that and said something during the day on the blog. But wow, that is a high number. Wonder if this means any rebound is going to be swift? Market is extremely resilient here and I'm wondering if this is a B wave now with C to come; possibly after the election a quick move up?
Seems likely, but Biden essentially
Posted by DigiNomad on 3rd of Nov 2022 at 03:11 pm
Seems likely, but Biden essentially promised the market will crash if the GOP takes control of Congress. He has it setup pretty perfectly as he will take off the SPR release very soon, likely right after the election, which will act as stimulant to overall energy prices. Then he will be stuck with the shenanigans on student loan which comes due in December (extension period ends). Anyway, he could very well be right about the market crashing after the election, but it will be because he planned it out that way.
Interesting twitter thread on falling
Posted by timebandit on 4th of Nov 2022 at 08:13 am
Interesting twitter thread on falling $VIX in a falling market
Everyone has a thesis on
Posted by arun on 4th of Nov 2022 at 09:14 am
Everyone has a thesis on twitter. Bottomline VIX was red for two days and under 200 day.
I agree arun! Confirmation bias
Posted by fundamentalvalues on 4th of Nov 2022 at 09:16 am
I agree arun! Confirmation bias is just that. The price says it all.
In theory absolutely, but I
Posted by retirefire on 3rd of Nov 2022 at 03:24 pm
In theory absolutely, but I doubt he is capable of planning anything.