Complacency TO THE MAX

已更新
Overall Market is in "Greed" mode.
Put/Call options in "Extreme Greed" mode.

This market is the most complacent I have seen in my 10 years of trading.
NO progress was made yesterday on the debt ceiling after McCarthy and Biden's meeting. Biden is leaving the country for a week and the Treasury has said we have 2-3 weeks to resolve this or catastrophe unfolds.

The VIX should at least be in the 20s right not.
Investors are flooding into bonds which could ALSO get crushed if the debt ceiling isn't resolved as interest rates WILL SPIKE, sending bonds lower, and exacerbating the banking crisis further.

Unbelievably stupid AF markets right now.
I will keep buying the VIX right now and Puts expiring next summer most likely. There is 0% chance this market pushes even near new highs. The downside risk FAR outweighs the possible the possible returns at this point.
註釋
快照
Here's the Russell 2000. It is underperforming drastically, giving a hint to how strong the market actually is Not.
Fundamental AnalysisTechnical IndicatorsNASDAQ 100 CFDQQQSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) Trend Analysis

免責聲明