I can’t believe it’s Friday already, this year seems to be passing by me like a flash and there never seem to be enough hours in the day. Burning the candle on both ends doesn’t really help matters either as it only leads to less productivity afterward. Perhaps if all that science fiction one day turns into science fact and we get to live another 50 or 100 years then I may just be able to complete all those projects and various studies I constantly seem to be immersed in. But at least years of hard work continues to pay off today. Let’s review where we are:
The old saying goes that can’t have your cake and eat it too. However that is exactly what the Federal Reserve is apparently attempting to accomplish at the moment, as chairwoman Yellen continues to assure that a rate hike is just around the corner, and this time it’ll absolutely be for real. Of course invariable by that date absolute economic perfection has yet to be achieved which naturally is why any meaningful hike in the federal funds rate continues to be looming just around the corner, in perpetuity.
Something doesn’t add up here. We got our VIX Buy Signal confirmation and that is short to medium term bullish for equities (again, the buy refers to the latter, not the former). However I’m smelling a potential rat as the Dollar finally looks like it may be ready to squeeze the heck out of the shorts. And usually that is not exactly bullish for equities, is it now? Let’s look at some key markets and then decide the best course of action:
Alright, so there’s the lower close on the VIX which, per the rules discussed yesterday, officially puts a confirmed VIX Buy Signal on the map. No, there won’t be a parade, sorry. First up it’s too [...]
It seems we once more have been spared from nuclear annihilation. Although if you somehow got clickbaited into any of the MSM shill pieces on North Korea then you’re probably reading this cowered below your bunkbed in your make shift nuclear bunker. I for one couldn’t be less worried, as years of consuming massive amounts of GM wheat beer has effectively rendered me impervious to any type of radiation. I don’t even use a flashlight at night anymore as certain body parts have started to emit an orange glow.
Alright you market mutants, it’s time to pay attention. There is a pretty good chance that we’re going to see a bonafide confirmed VIX [...]