Finding the edge in analyzing unique market Cycles.
VIX is a rising trend for 3 years! This with SPX making higher highs.
good observation, thank you SC. In my work I see important top forming between now and April of 2021...being careful with shorts, as we may have one last blow off phase...it will be obvious when we have reversal, then it will be time to act on the short side.
Thank you! Sounds good, let's watch as it progresses.
SC, can you explain the logical, the VXO goes up of the trend line but go inside again
Yes VXO breached the trendline from the 1987 crash. That opens the door for higher numbers and yes it will test that 173 with time. The 2008 crash high was retested this year. In the shorter term VXO will likely want to test the line again around 62.VIX is typically 5 points lower as a rule of thumb. So VIX 57.
Shorted more tqqq at 157.25
Tada!SCNovember 16, 2020 at 8:41 AM"CCL big pop again today. #1 stock in S@P 500.It may settle back this week as it is trading at the 200 daily. My best idea for November. $22."
I had identified correctly that reopening trades would be strong performers this month. GUSH and CCL both with strong gains.
Yes that gush exploded i bought pltr instead
Shorted more tqqq at 158.30
Vix printed 19.51 then bounced back up to 20.80 range pretty quick.
Gap should be filled in vix uvxy headed to 9.60
Ironically now that hurricane season has closed you want to look for the exit door on Carnival.
SC.. do you have any targets for s&p in december?
I'll review S&P.
The reopening trade is about to reverse. The steam is going to come out of all these reopening stocks the month of December. DESTROYED!
Sc what about tech stocks tsla aaple . Will they be destroyed with reopening stcks
Everything will get hit but particularly reopening stocks. airlines, cruiseships etc...Tech has been weak since September so it has had some time to consolidate.
Yada yada Yada there saying markets gonna melt up i dont buy it sheep will get slaughtered
Yeah everyone 3800 4500. Tsla 750
Sc are you going to be buying uvxy now ?
3,420 SPX on the SPX chart in blue.
Your saying we drop to 3420 from here ?I'm confused... if that's the case why wouldn't you be buying uvxy ?I thought you said your accumulating uvxy after Thanksgiving for December?
Soon I will...VXX hasn't filled gap yet. VIX neither.
I don't comment much here, but I appreciate all the comments and especially SC's take on the markets. Thank you all!
Sc after 3420 r u still expecting 3800 to 4000
This year we saw what is classified as a deep correction 35% March drop. We are likely to see some corrections in the 15 to 20%.
Maybe Rose, but let's see the downside first and that is a question we can address next year.
Shorted more tqqq at 158.20
2020 likely longest election in US history. Coming up to the 35 day mark soon.WASHINGTON – "Thirty-five days. That’s how long it took — from the ballot boxes to Democratic presidential nominee Al Gore conceding the election — for voters to know who won the 2000 presidential election."
SC, the S&P is on the top of the slop?
Yes it seems
Shorted more tqqq at 162
Sc but trump cases have not even hit Supreme court
Still early yes
sc,higher highlouie you may be right ---uvxy ---9 to 10 bucks --looks correct?
U know it i have an order in to short tqqq at 164
The market is up a lot and the UVXY off less then 10 centsis this a top ????
Bought more tqqq at 164
I mesn to say shorted
looks like this is wanting to go parabolic up... I can't believe this.. market valuations is well north of the dot com bubble days by a mile... absolutely insane
definitelyspx 3700step by step!
Stop licking kendalls ass lol
Shorted tqqq 165
lounot Kendall or EliadesThey are just walking this up into stimulus bullshit (since september).the insider selling is at all time highsAs long as they can hold stimulus hopes over the Market.The buying will continue-some form of govt over-view
Keep on buying sheep just like those idiots waiting on line to get tested
UVXY is moving to new exchange.....its death almost here.....as well as SVXY....then the big drop....Feb should be fireworks
UVXY----it is moving to the CBOE---that should help it!I need it down to low 10's to average inThe first four Months of 2021 should be consolidation or a down market
It surely doesn't look like Vix is going anywhere close to 50 this month unless something absolutely catastrophic happens!
Sami, it looks like a long shot to me mainly because of the seasonal pattern. December is usually a rally month AND when November makes a big gain (which it did this year), December has always followed thru with more gain. However, stocks prices are in the stratosphere, everyone is bullish, so a correction could start at any time, just seems unlikely to me that it will start this month. Maybe at the Jupiter/Saturn conjunction on December 21 (also the winter solstice) we'll see a final top then, but more likely is after the first of the year.
5500 people dead in 2 days in the us alone and the market doesn't seem to care a slight bit lol
They will once the vaccines falter
I have developed a Covid indicator. It is a measurement of how people are feeling about the Virus. It continues to rise steadily.
More and more people are becoming concerned about Covid. This is what is important for the market.The panic is over of course but the fear is still there.
1. Covid 19 Vaccine targets the SPIKE protein2. Spike proteins such as Syncytin-1 are needed for placenta formation in mammals3. Women who receive Covid 19 vaccine will create anti-spike protein antibodies 4. High chance of infertility in women from taking Covid 19 vaccine
geez you get them all on a blog
Payday thanks for sharing about vacine we gotta keep our ladies away from this
It will be interesting to see UVXY December 16th when it lists on CBOE. Might be able to scoop some cheap shares.
Sc what u thinking choppy up and top dec 16
December 16th also when the Electoral College is supposed to announce their decision.
SPX is nearly at the blue resistance
Shorted udow at 98
lou,your mouth to god's ears ---just January bought calls SDOW
Bro dow gonna get smashed to 28000In my opinion
SC... are you still expecting VIX 50 in december?Thanks
Let me explain and answer this with the next chart. This is setting up beautifully!!
sc,Then ---please post your next chart!The market has stalled in the same position for the last hours!Bated breathluv-ya - All
New chart posted!