My Light Is Giving Me Mixed Signals
The Option Pit VIX Light Is Yellow: Volatility Is Going to Move Wildly. Hey Traders, Friday was the first ‘inside’ day we have seen in a while. The VIX was down a touch, as was the SPX. But that doesn’t mean we’re in the clear. The VIX is still […]
A Mini-Mini Swell
The Option Pit VIX Light Is Yellow: Volatility Will Move. Hey Traders, On Thursday, the S&P 500 had a pretty strong day … The VIX sold off, but it didn’t tank … The recent trend for the VIX, though, hasn’t really broken … The general trend is still heading higher … When will this end? […]
Playing Both Sides
The VIX Light is Yellow: Volatility Will Swing Wildly. Hey Traders, We continue to see huge swings in both the S&P 500 and the VIX. But the Option Pit VIX Light can’t seem to jump over the hurdle and turn green. Yesterday, at the mid-day lows it was there … But by the end of […]
Hedges on Hedges
The Option Pit VIX Light Is Yellow: VIX Is Going to Move Wildly. Hey Traders, I hope you saw my chart work on Jim Cramer’s Mad Money last night … I explained exactly what I thought the next few weeks will look like … But if you missed it, here’s the good news … You […]
The Market Smells VIX Blood
The Option Pit VIX Light Is Yellow: VIX Is Going to Move Wildly. Hey Traders, My VIX light barely stayed yellow on Monday. Most of the day, if the market had closed whenever I was looking at the VIX, the signal would have switched to green. But … the end-of-day rally and VIX drop stopped […]
This Might Only Be The Beginning
The VIX Light Is Yellow: Volatility Is Going To Swing Wildly. While the recovery on Thursday and Friday of last week were nice, the S&P 500 still ended up down on the week. My traffic light went from “almost green” back to yellow. So does this mean we are out of the woods? Is the […]
Pockets in Peril
The VIX Light Is Yellow, Volatility Is Going To Move Around Wildly. Hey Traders, On Thursday, the S&P 500 picked a touch over ½ of the sell-off on Wednesday… VIX sold off almost 80% of the pop from yesterday … This is the reason the VIX light does not move on a whim … It […]
How I’m Making This Judgement Call
The Option Pit VIX Light is Yellow, Volatility will move. Hey Traders, On Tuesday night I wrote that we had better than 50/50 odds that we could see a VIX green light. Then Wednesday happened, and markets got smashed … The VIX ended the day up 5.75 points, closing at 27.67… Bonds… normally a safe […]
Getting It (Partially) Backwards
The Option Pit VIX Light is Yellow: Volatility is going to move wildly Hey Traders, I hope you’ve marked your calendars, because remember, I’m going LIVE at 8 p.m. EST TONIGHT! If you’d like to hear about my top three post-pandemic stock picks (that I think are going to be making moves soon!) you need […]
Seeking Out a Voice of Reason
The VIX Light is Yellow, Volatility will move. Hey Traders, Before we dive into it today, I wanted to let you know that I’m hosting a special event tomorrow night, where I’ll reveal my top three post-pandemic stock picks. I’ve been keeping an eye out for these kinds of trades for several months, and I […]