sp'60min
vix'60min
Summary
*I am in catch-up mode this morning, so..will be somewhat 'slower' today.
So...no default, and the market is back in the 1720s. I'm almost surprised we're not in record territory. Most notable..the VIX..back in the 14s.
After all, there now zero fear of the near term. Indeed, there really isn't much to fear until the late spring.
-
9.06am. Despite the dow -140, the other indexes are down just -0.5%.
*Oil on the slide, -1.1%...a bit more and support will be broken.
In perhaps more important news, my sat' dish has decided it can pick up CNBC again. So, I've the delights of Cramer again, who is sounding surprisingly despondent.
9.17am. I'm highly inclined to launch into a tirade for much of today..to the dumbest bunch of idiots out there.
We know who they are....and I can already see some of them out there this morning, at it again.
'see..we were right..we're opening lower!'.
--
Idiots. Even after they got their faces ripped off yesterday..they're still at it.
-
Long indexes, short volatility, short USD, ..and short metals.
Ohh, and there is QE today of around $3bn...that will help to negate the weak open. As ever..look for a turn around 11am
9.33am..indexes lower.... but the VIX opens -1%.
How about a weekly VIX close in the 13s?