Read It Here First: VIX Says No Panic — Yet
On Monday, we showed a one year chart of the VIX versus SPX. We noted that the VIX had stayed relatively modest, implying that a tradable...
Let’s Get Technical
Ninety percent of science fiction is crap, but then ninety percent of everything is crap.” –Theodore Sturgeon >...
10 Year VIX versus SPX
Yesterday, we showed a one year chart of the VIX versus SPX. It was apparent to someone watching both of these squiggly lines that a big...
Chart of the Day: VIX versus SPX
I came into the office this morning, and my trading desk started our week by discussing the VIX. We put this chart together comparing the...
Chart of the Day: Consumer Sentiment Hits 28 Year Lows
Markets opened strong, then rolled over and went negative. If you were a pure contrarian, you would think that sentiment readings were a...
Newsweek: Why It’s Worse Than You Think
No, this is not a cover indicator — the cover indicator requires several factors not present here: It helps to be for a widely...
Crude Oil = $139+
So much for THAT magazine cover indicator! That has to be the fastest any call OF MINE has been proven wrong — a new...
Uh-Oh: Economist Cover on Oil
Painful though it is, this oil shock will eventually spur huge change. Beware the hunt for scapegoats Cover art courtesy of The...
Understanding Contrary Indicators
Yesterday, I mentioned in passing a fabulous cover story from a 1962 Time magazine. While these sorts of contrary indicators are subject...
Bear vs Bull (1962)
We talked a bit about the magazine cover indicator Wednesday night. I don’t think Ken Heebner on the cover of Fortune is not a...