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Fear has left the building – again. Yesterday the VIX hit its lowest point since April… Source: Stockcharts.com Which is potentially ominous, because you remember what happened next. But, hey, I’ve been writing about an imminent dollar rally/stock market collapse for months now, so what do I know! At least I’ve got formidable company – […]
There’s still not much of an appetite to buy stocks – but volume remains very quiet as the dog days of summer wind down. We’ve been expecting a decline in stocks, and have been watching for slowly rising volume to accompany these declines to give us a heads up that there is some “umph” behind […]
Today, the volatility index (VXX) hit its lowest level in 3 months. Does this mean we have a large stock market decline in our future? Over the last 6 months, lows in the VIX have corresponded with tops in stocks. Since May’s spike, it’s been a series of lower lows and lower highs for the […]
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