Dollar & VIX ripping, Yields cratering, Stocks falling
Good Morning!
We've been mostly cash when it comes to #stocks. Been defensive as we have #GOLD #SILVER #BCH #BTC (#crypto #altcoins in personal) some $VIX & some bigger VALUE names, added some more today $AMGN $VZ as examples.
We've reduced the exposure as the direction seems south but anything can happen.
FEAR is the word. #Dollar ripping again & bond buying.
$DXY looks good & bounced off of support.
Look @ yields CRATERING again.
1Yr & 2Yr #yields COLLAPSING!
10Yr HOLDING MAJOR SUPPORT & back at level it was 2 days ago.
We noticed something some time ago & will post soon.
$VIX is trading in a new range now & closing in on the TOP part of range. 2 things can happen here. Either we rip through, likely causing a COLLAPSE in #stockmarket OR IT pulls back to the 23ish range and keep in this new range & fear eventually subsides.
We've been mostly cash when it comes to #stocks. Been defensive as we have #GOLD #SILVER #BCH #BTC (#crypto #altcoins in personal) some $VIX & some bigger VALUE names, added some more today $AMGN $VZ as examples.
We've reduced the exposure as the direction seems south but anything can happen.
FEAR is the word. #Dollar ripping again & bond buying.
$DXY looks good & bounced off of support.
Look @ yields CRATERING again.
1Yr & 2Yr #yields COLLAPSING!
10Yr HOLDING MAJOR SUPPORT & back at level it was 2 days ago.
We noticed something some time ago & will post soon.
$VIX is trading in a new range now & closing in on the TOP part of range. 2 things can happen here. Either we rip through, likely causing a COLLAPSE in #stockmarket OR IT pulls back to the 23ish range and keep in this new range & fear eventually subsides.