October 1, 2021
Who Muted VIX?
While the headlines will read about the S&P 500 getting stomped on Thursday … Those who trade are paying much closer attention to the lack of any movement in the VIX. VIX managed to rally only 0.58 points on a day the SPX was down 50. In fact, as the SPX dropped…
October 1, 2021
An ETF You Must Sell
Hey There Income Hunters, Exchange Traded Funds (ETFs) were an amazing creation when first brought forward nearly 30 years ago. And total assets under management today are approaching $6 trillion. ETFs can be many things. Some are low-cost and provide diversification, tax efficiency and flexibility. However, one feature that is vastly misunderstood is liquidity. No…
October 1, 2021
Looking for a Big SPX Mov on Friday? Where Do You Look?
Yo Pit Crazies, The amount of shenanigans going on in Washington DC over a $1.5 trillion infrastructure bill and $3.5 trillion spending package reminds me of the Obamacare legislation … You have to pass it to see what’s in it! Nothing has changed over the years While the passage looks unlikely…