Ripping to the upside on a wing and a prayer...
Is this a short squeeze or real buyers?
Pop goes the volatility Box Who says volatility cannot be to the upside.
Bonds UP, Market UP?
VVIX under 110
Monsters Weak Relative to QQQ
SPX Expected Move --last week-- 71.62 (expected move) --next week- 78.31 (expected move)
Sector rotations continue, market musical chairs Tech Financials Energy Consumer Staples
Oh my LULU hurts... risk reward is beautiful
2 Comments
RON
May 30, 2020You must have a barrel of coffee. As long as the world economy is opening back up the market will continue do go up. I thought you did not pay attention to technical analysis. I know you quants does pay attention to the news, but that's the only thing that moves markets. What are earning? news. What are upgrades and downgrades? news. What are employment numbers? news. What are election results? news. Etc. I agree when news get bad the market will tank. Just look what happened the oil price fell. Russia and Saudi Arabia's price war to hurt the US shale industry......that was news.
Kevin Morgan
May 30, 2020Couldn't agree with you more Don. Something is going to pop this ballooned up market. Maybe just the end of continuous gas being blown into it by the Fed will cause it to start collapsing...but I suspect "events" will blow holes in it. Like the event(s) this weekend (race/police violence riots), and I have zero doubt lots of other "events" of consequence are coming down the pipe over the next few months, and none of them will be fundamentally positive in any way.