Posted on May 19, 2009 by Adam
The market traded sideways all day, bound between the 905-915 range. A ten point range! Snooze.
Stocks failed to make a directional move, and were mixed across the board. The VIX, on the other hand, paints a different picture. Breaking down below 30 today, volatility levels are the lowest they have been since before the panic [...]
Posted on March 17, 2009 by Adam
Lately I have been watching the VIX very carefully. It’s movements have been quite actionable, and even predictable to some extent. Over the last couple of months I have watched the VIX steadily trend higher. Last week, the VIX broke down beneath that trendline, acting as a confirming indicator for the current rally.
If you don’t [...]
Posted on March 6, 2009 by Adam
I keep hear people droning on about whether or not “This is capitulation?” Everybody seems so focused on whether or not today will be the day when prices wash out completley forming a bear market bottom, sending us into a roaring bull market.
If that’s what you’re looking for, just give up.
Even if we do get [...]
Be on the lookout for an extended pullback.