VIX Tops 13, Stocks Catch Down To Hedge Anxiety

Tyler Durden's picture

Both VIX (equity protection) and CDX (credit protection) decoupled notably from equity indices late last week and today it appears investors are catching on today...

 

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NugginFuts's picture

Don't worry - the crisis is over. The dip has been bought already. 

Ghost of PartysOver's picture

Where is the Fifty Cent Party?

 

For those wonderingwhat he heck I am referring to:

http://www.cnbc.com/2017/03/31/mysterious-trader-known-as-50-cent-bets-m...

mily's picture

He already bought shitload of S19@May $.50 VIX calls last week

Ghost of PartysOver's picture

I wonder who has the pockets deep enough to keep losing tens of millions at a pop?   Wonder what the motivation is?   I don't see any financial sense in doing this with such a huge stake.

Trade Maiden's picture

Kong suggests that The Japanese Nikkei has already topped, and that U.S equities are next

 

https://forexkong.com/2017/04/03/the-nikkei-has-topped-months-ago/

spastic_colon's picture

these bottom tick stories are becoming a ZH staple contrarian trade; they are at best sophomoric and trite; i dont give a sh*t about up or down votes; i'm sure you can come up with much better analysis than knee-jerk index banging commentary which you purport to disdain.

Market Rage's picture

You can tell from the action that the market wants to correct.  They're somehow able to keep the AAPL AMZN GOOG circle jerk going.

NugginFuts's picture

Question is why? Who does it serve to keep stock prices artificially high?

mily's picture

AMZN, APPL also topped just before Aug2015 & Jan2016 corrections

Market Rage's picture

Perpetuates the myth that the economy is good.  Most people have no idea that everything is not awesome.

BigFatUglyBubble's picture

Try and tell "most people" everything is not awesome.  They get real upset at you: the messenger.  That's why I drew a face on a volley ball and just talk to him.  Wilson is tough enough to handle the truth.

Market Rage's picture

Don't be fooled by any afternoon rally or MOC levitation.  I'm not saying the top is in, but this definitely needs to go lower first.

Consuelo's picture

 

 

One of my first posts on this site went along the lines of this:

 

'It ain't real until news of pink-slip Friday's at AAPl, Goog, Nefflx, AMZN, FB, Twatter - and a few others, become the weekly norm.'

 

And I stand by it.   Only when the Bullshit ad-revenue and i-trinket companies begin to falter, will you know we have arrived.  

Skew Views's picture

Testing 1-2-3