‘VIX’ Archive

What’s the message coming from the “Fear Index” (VIX)?

  CLICK ON CHART TO ENLARGE By now we all know Bio Tech and Social media darlings have been hit hard of late, which could be masking that the broad market is NOT! So far the S&P 500 is off less than 4% from 200-year highs. Is that much reason to be fearful? Speaking of [...]

Joe Friday…Caution- Steep Patterns at hand in these Volatility ETF’s!

CLICK ON CHART TO ENLARGE The sharp rally in the S&P 500 this year has created very steep patterns in volatility ETF’s (XIV& VXX) Joe Friday…Low back and forth Volatility in these ETF’s (XIV & VXX) hasn’t been the case of late, due to the one way action of the markets! Opportunities in these patterns [...]

Fear levels high, S&P 500 on support…Conditions ripe for a bounce here?

CLICK ON CHART TO ENLARGE On June 27th I shared with Premium Members that the Fear Index was at resistance and SPY was on support, as the “Shoe Box Indicator” was on support too (see chart below) and that a RALLY WAS DUE! . What followed? Get “Shoe Box” description (HERE) CLICK ON CHART TO [...]