Yo Pit Crazies,

So if you want to get in the habit of learning the Two Way Trading style, look no further than here.

You know that the Fed is going to talk about interest rates next week.  The ECB is already cutting rates and did so again this week.  Hey, do you remember the last time Europe created a company that was a top 20 or 50 in global market capitalization?  Yeah me too. 

Anyway, since Central Bankers are in cahoots trying to get us to a digital currency they can take away, I figure the Fed will have to cut rates too.  The trend of Central Bankers trying to follow the same bad policy instead of individually finding better ones is a modern mystery.  What all this does is place a “HOLD” on stocks.  Until the Fed says something since that is where we find ourselves.

On a day with a very nice move up in SPX, about .75%, the VIX futures did not respond very well.  I would have thought a bit more of a collapse but it did not happen.  The Barclays Ipath short term VIX futures ETN (Ticker VXX) spent most of the day in the green with the market moving up.  The VXX should have gotten smoked.  Normally a .75% run in SPX would torch VXX.