Thursday, 3 March 2016

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%.


GLD, daily2


Equity bears should be spooked at the ongoing subdued VIX.

It offers ZERO hope of any sustained equity upset in the near term.

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?

time to cook