11am update - VIX is the tell

Whilst equity indexes remain a little weak, the real tell is the VIX, which has already turned negative, currently -1.3% in the 16.80s.The market remains broadly bullish, and looks set to remain so into mid March. The precious metals have built sig' gains, Gold +$13, with Silver +1.2%.


VIX'daily3

GLD, daily2

Summary

Equity bears should be spooked at the ongoing subdued VIX.

It offers ZERO hope of any sustained equity upset in the near term.
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However, far more disturbing is the trailer for Ghostbusters.



Its yet another heretical remake of an 80s classic.

Should we expect 'the breakfast club' or St Elmo's fire soon?

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time to cook