indicators

VIX’s Latest Tower of Agony

VIX just completed its 4th agonizing (if you are actively bearish) spike and drop since the March, 2020 crash These squalls of angst that erupt out of nowhere serve to reset wickedly over-bullish market sentiment in little micro bursts of angst. The market was hideously over-bullish as we projected some corrective disturbance in line with long-term yields that were due for a cool down. Then … Continue reading VIX’s Latest Tower of Agony

Meanwhile, the Inflationary Reflation Continues

Indicators of and markets sensitive to the reflation instigated by ongoing inflationary operations continue to trend upward Today, as job growth rebounds (if you can call this a rebound), we check in on a few of the indicators and markets leading the inflationary charge. There are lots of others. We had a halt just below 2% on the 30 year Treasury yield, as anticipated in … Continue reading Meanwhile, the Inflationary Reflation Continues

Now That the Dust Has Settled on #silversqueeze (RIP)

Here is an excerpt from the January 31 edition of Notes From the Rabbit Hole, NFTRH 640; a segment I probably spent too much time on, given the spectacular nothingburger the #silversqueeze promotion turned out to be. Silver is back near the constructive technical standing it was at before this ill-conceived hype fest got into the market, and gold is well lower. Silver remains technically constructive … Continue reading Now That the Dust Has Settled on #silversqueeze (RIP)