I have been posting here on Evil Speculator for over 11 years now but this is the first time I recall a VIX Buy Signal following a Sell Signal in such short succession. Can it be trusted? Did I miss the pre-Santa-Rally dip? Is it too late to load up on long positions? So many nagging questions but as usual the Market Mole’s got you covered:
A bonafide VIX Sell Signal was triggered last Friday and without much ado showed up for work early Monday morning. The ensuing slide did not come as a surprise to us – as reported before the open that day, some signs of impending trouble were already clouding the horizon as early as Friday morning when the SPX:VIX suddenly jumped significantly.
It’s Cyber Monday and the first week of December which that means you are going to buy a bunch of crap you don’t need and I have more statistics lined up than I could swing a stick at. I really hope you’re not reading at this on a mobile phone or you’ll probably have bricked it by the time this page has fully loaded.