This page has been archived and commenting is disabled.
VIX Nears 21% With Term Structure Flattest In 4 Months
It seems the short-end of the volatility term structure is snapping shut on a few nickel-in-front-of-a-steamroller gatherers...
Near- vs Far-dated VIX term structure flattening significantly (lower two panes show Absolute and Relative term structure)...
»
- 8574 reads
- Printer-friendly version
- Send to friend
- advertisements -
Welcome back my friends, to the show that never ends...
The end could come when you least expect it
Just developing more antifragility . . . which will kill some banks while it makes "the system" stronger.
I'm trying my best to least expect it right now.
I expect the end to come on Tuesday May 10th at 7:53 am.
I'm sorry but in the era of HFTs you'll have to be precise to the picosecond, nice approximation though.
Could it be that the equity selloff is timed to push rates to record lows for tthe $70 billion Treasury auction this week so it appears to the media/public that deficits don't matter? Who is buying Treasuries. My guess is the banks who borrow from the FED at ZIRP. So the banks have a guaranteed profit which in turn allows for record increase in EPS growth kicking off the next rally to 1500. Buy the dips before the election.
You go ahead and buy all you want, have fun and good luck front running the now-desperate Manical Monetizers, youll need it.
Ben needs some cover to print. So the markets are giving him that cover. Gold is telling you all you need to know.
Cool, you go print Ben, 'under cover' or whatever...gas will be $5.50 or so avg for election day, theyll enjoy that Im sure.
They'll find some evil Iranians to blame the high price of gas on.
Or they might blame speculators like Morgan Stanley.
When Super Mario said the euro crisis was 'behind us' he forgot to add "now bend over".........
it's "freight train"
not "steam roller"
FNG
Fuck you Bernank!
Obama is monitoring the situation
You have to ask yourselves this question.
Do you trust any of it?
Puppetshows always end.
I think a quick look at trading volume answers that question.
I'm too chicken to buy right now, just don't trust anyhting anymore..........
oh, hello gold nugget, come here.
Ammo is up nicely on the year.
Damn right it is, ammo is getting a lot more expensive.
Lead and brass seem to be much less volatile than gold and silver, for sure.
Watch oil and the commodities if the market starts falling. Wait for Ben Bernanke to come out and announce more QEing. Oil and the rest of the commodities should take off. Bernanke and the fed aim to keep Wall Street awash in liquidity. Get out of the US dollar before Bernanke looses control with his market saves.
No QE annoucement coming IMO. The FED will elect to lose the stock market before losing its monopoly over money. And QE rumours would crown gold. So...
I agree. J6P has made the connection between QE and the price of gasoline. Also starting to see that QE equals wealth transfer. Friend of mine was at the pumps last week putting in his last 20 bucks worth, guy pulls up behind him in a Benz SUV, slams the ultra premium in the tank and sets it for fill. Then gets out his iphone and calls up for another 50 shares of Apple. My friend says to himself "WTF is goin' on here?"
the guy with the Benz needs to get his AAPL fix, cause that's what allowed him to get the Benz in the first place. But he's asking for trouble.
The guy in the Benz stole it, and the credit card and the phone. He was calling the speaking clock.
In the words of our infamous talking bear friends:
"but what does that mean?"
VIX - Steamroller - Nickles and all?!?
the near term is looking more risky today. check
little longer? more risky, too,but not as much
ergo: spread narrows. check
Sell on TBTF crazy batstards!!!!!
Leave the TBTF holding the bag....retail never showed up as they had banked on. Printing and pumping is all totaly worthless, unless theres someone dumb enough to hand it off to...and again retail did not show up to the FED's little print and pump party. Too bad so sad.
For cripes sake Ben print....print pleaaaaassseeee print!
Flat term structure in vol - finally good for you VXX TVIX etc junkies. Backwardation = even better.
Happy, happy. Can I have a closer look at that flag?
It's times like this when I miss Robo
I was just wondering what happened to him.
He was ejected with a couple other trolls for some reason. It's too bad I liked our resident trolls. It was funny watching people get their panties in a bind.
I miss Trav. When I saw a gold or silver headline, I'd make a pot of coffee and enjoy the Trav/Tmo/akak show. It's gotten kind of boring without him.
Yeah that was always a good one. Kicking out the trolls took away some of the personality.
Can't the trolls just reincarnate themselves?
+1 Reincarnation, I thought so, aren't you a dinosaur?
http://stocklogos.com/sites/default/files/imagecache/logo_preview/logos/image/84838dbd1aaee2ec89bb8de8b58ebf46.png
So that's what happened to Robot Trader, Trav7777? I'll miss those guys.. I'll miss Robo's ridiculous comments like leaders/CEOs/other people being "knee-deep in hookers and booze", and trav's not quite racist but still racist posts. The trolls we have now are just dumb.
What's fun is watching all the complaints.
After two vicious bear markets in a decade, the average investor simply doesn’t trust this market anymore.
No shit?
'After its now obvious to anyone except total fukwits that the market is nothing but a manipulated broken abortion...the avg investor wont touch any of the garbage with a 10 foot pole'....oh well I warned them long ago about killing the goose that lays the golden eggs.
CNBC needs to step it up. Their viewers aren't buying the dips anymore. Read the comment section. Could be that the CNBC commenters have educated themselves on ZH?
Muchachos! There will be one more "bounce"(sarc), after which the "real-correction"(another sarc) will take place, eh!
Help us, Obi Wan Bernanke.
Sssszzzzssstt.
Help us, Obi Wan Bernanke.
bullish?