Stocks Suffer From a Lack of Confidence

Yo Pit Crazies, The SPX took a break this week and decided to do nothing.  The Invesco QQQ Trust (Ticker: QQQ) is the refuge of all equity investors lately, as strong balance sheets are attracting dollars and weak banks are still leaking dollars like a ship with a hole in the bottom. There are different […]

Here’s a Trick for Massive VXX Decay

How to Trade the Coming Melt-Up   Yo Pit Crazies,   If you want to sell premium at an elite level, click here.   Speaking of premium, the iPath S&P 500 VIX Short term futures index ETN (Ticker: VXX) is about to embark on a path of self destruction.   While I don’t think this […]

This Contango Is Close To Historic

Yo Pit Crazies, You may – or may not – be surprised to learn trading mostly consists of applying the same approach to the same condition over and over again. While that applies to a good amount of trading, the VIX futures curve shows its hand in a lot of ways. Take the close on […]