RE:RE:Market is down and Vix is down.It had a nice pop today at 3.13, but its time for the Plunge Protection Team to get moving.
They should have that nasty VIX below 14 by end of the day, and solidly at 12 Monday.
Looks like the smart money is buying biotech again. Truthfully, Gildan is probably not a bad buy.
Time to squish some pesky gold bugs.
The SHAK oscillator is up 9 %. The market is going back to the bull trend.
Will hold my HVI and wait for VIX to go back to the low 12 handle before buying HVU.