I went from sad (taking my profits too soon) to glad that I took profits in volatility vehicle VIXY as the VIX reversed and went negative today. It remains to be seen what’s next for volatility in the markets. We’ve been tracking the divergence in the VIX for the last several weeks in NFTRH’s Sentiment segment. First VIX had simply not been dropping as much … Continue reading Market Volatility
Last week I asked the question Am I Topping? Earlier this week I had a bit of over-confidence and hubris that maybe I wasn’t topping as the portfolio hit a new high. That’ll teach me. Today, insofar as you may or may not care, I can tell you that yes indeed, I was topping. This chart was as of yesterday’s close and today is another … Continue reading Turns Out I Was Topping After All
The predictable snap-back in employment continued in August with 1.4 Million jobs brought back on line and unemployment falling to 8.4%. Click below for the detailed report from BLS. Unemployment was of course going to recover to a sharp degree as the economy re-opened. And here’s who’s doing the heavy lifting. What is with that spike in Government employment? Hey Trump, you’re supposed to be … Continue reading Jobs +1.4 Million
