This volatility is insane

J

joederp

Anyone else dumb enough like me to be trying positions in big movers (blue chip stocks, stock index & energy futures, etc) since start of year?

Can't believe the volatilty of late...nauseating. :eek:
 
Very very easy to trade this type of volatility if you have seen it before. At least on ES.

Just make sure you are going long at support or shorting at resistance to avoid any whipsaws. Waiting for confirmation in this market is usually bad r:r
 
wiesman02 said:
Good luck to the longs. This whole 41-48 area is scary lol. He'll of a lot of supply still around. Way too risky for me to be long
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And yet here we are.

Doesn't have anything to do with support and resistance. It has to do with who's in control: buyers or sellers.
 
Seems to be a lot of bubble mentality 'flight to quality' going on between equities and futures, albeit on a very fickle time scale. Each day that the SPY is down more than 10 pts, price action in energy futures & such gets way hairier. Once sniff of hopium supplied by the talking heads, and the money flows back into equities and messes w futures...no wonder market makers are quoting options on futures so erratically.
 
We're only at 21 handle on the VIX. Not too shabby. We've been at historical lows for the past several years = shit trading. Hope it lasts, but it likely won't. FED will likely intervene.
 
Friday's jobs will either squash the volatility or make it more volatile. We were at this level of volatility in October and it died down after a FED statement.
 
Jobs will come in weak. So will earnings, going forward. It's the taper. QE has a huge effect on jobs and prices. Taper means end of QE3, or whatever iteration it is. Everything is now readjusting down - earnings, jobs, stocks, home sales etc. Therefore volatility and bad numbers and stock decline will continue until Yellen announces taper pause, and or restart. My 2 cents.
 
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