Gotta love ZERO RISK in the SP500 = $$$

[Rickshaw Man]

Indexes up and almost erase yesterdays loss, VIX rose 11%. Today its down 5%. Rigged to perfection, keeping that VIX off the lows. Thats such an easy trade, go long VIX because they work overtime keeping that sucker up.

 

[Rickshaw Man]

do we know what the hell happened??! Was a very unexpected, sharp drop. Pretty much recovered now, but I wondered if maybe someone had opened fire on the White House or something

Had to have been worse than that. I think a 2-mile wide asteroid was headed towards earth but was deflected at the last minute, by a 22 rifle.

 

[S2007S]

Reading articles saying that just a simple 2-3% drop in the markets can anniliate anyone holding on to volatility index shorts. ...it's interesting to see the market up nearly 200 points and VXX down only a few cents.....zero zero zero volatility in this market for months and months, years and years....wonder how high the vix will spike in the next drop...could it possibly break record highs not seen in years, I'm sure it can especially when a bear market hasnt been seen in nearly 10 years!!!!!!

 

[Tsing Tao]

do we know what the hell happened??! Was a very unexpected, sharp drop. Pretty much recovered now, but I wondered if maybe someone had opened fire on the White House or something

That would make the market go limit up.

 

[S2007S]

Isn't this the same thing we always hear in unstoppable bull markets...go back to the dot com bubble and the 2008 crisis and everyone was saying the same thing...just keep buying buying buying...there is zero risk.....until that day comes of course and the markets start to collapse and after a 34% drop does anyone finally realize the markets were completely overheated in over it's 100+ year history....


Leon Cooperman says market is fine, conditions for a big decline 'aren't present

• "The conditions that normally lead to a big market decline...just aren't present," Cooperman said.

 

[theapprentice]

That would make the market go limit up.

yeah, you're probably right in fact. Generally, any sort of news will make the market go up. There's generally a way to spin anything into a positive.

 

[Overnight]

That would make the market go limit up.

It would probably make the "market" go down a bit, because a lot of this up action has the tax-plan overhaul priced in. If something happens to POTUS, that could be in jeopardy. I would expect VIX stuff to go up though! That would mean some extra uncertainty!

 

[Rickshaw Man]

Yes the stock index especially the Dow are overbought on every time frame. However..... I CAN'T FIND ANY BREADTH INDICATORS THAT ARE SHOWING DIVERGENCE YET.

 

[Rickshaw Man]

Gee, I wonder what the index futures will do tonight...duh...they rise just about every night.

 

[Overnight]

Gee, I wonder what the index futures will do tonight...duh...they rise just about every night.

Except on these types of nights, back in Aug 2015 and Jan 2016 when China was messing with the yuan. Remember that funness? Zero risk on the ES!!!!!!!! Free $$$$!$$