$EWZ might be near the bottom

Are the Emerging Market’s names like $EWZ ready to revive? $EWZ had a roller coaster in 2018 as corruption, oil prices and general political discontent weighed heavily on the Brazilian ETF.  $PBR plays a big role in that as an example of how not to run an oil company for the common good but for […]

Realized volatility and the Financial Crisis

The Financial Crisis is over so says the realized volatility The Financial Crisis was very volatile and looms large in our memory.  The last President inherited the problem and latest President wants to avoid the next one.  I think as a leader I would rather have something  at the bottom of the cycle to start […]

The $SKEW tops 150 are you worried?

The $SKEW tops 150 are you worried? A higher $SKEW number for the Cboe $SKEW index is usually associated with a level of worry among market players.  The larger $SKEW gets the more people want to pay for puts.  If one digs into how the $SKEW is made up there is a bit more to […]

The $VIX went mini-backward today

The $VIX went mini-backward today   $VIX cash is just flat to the VIX Sep19 with just a couple of days to go.  That in itself is not crazy.  There is not doubt that the 1 – 2 punch of $AMZN getting clobbered and the latest super-secret level of tariffs helped push $VIX up from […]