Chicken Entrails In my arrogance I have managed to convince myself that I have everything worked out. Fool that I am. This delusion rarely survives lunchtime.
But here's the thing. The Fear & Greed indicator is down to 62 from 82 in the last few weeks. The CBOE VIX is up big and so is my VXX in premarket. This would imply the Dow is moving down. Which might imply it is healthcares time to shine. Negative correlation and all that,....
No clue. But the tides of capital flow are shifting. That latest Chinese real estate fiasco sent a big shock through North American markets. I'm thinking the shock is strengthening
As always - just thinking aloud,.......
(If there are any young ladies reading this and wondering what it's like to have ones VIX up big- feel free to message me,...