It is the 20th of August 2017

News

Two Stunning Facts About Last Week's VIX Explosion

Last Thursday morning, just as the VIX was soaring on North Korea nuclear war fears in a historic move from single digits to ultimately peak just above 17 before retracing virtually all of the move in the coming days, we reminded readers that "As VIX Explodes, A Painful Warning: The Vega Of VIX ETFs Has Never Been Higher", referring to a recent observation by JPMorgan that the outstanding vega of VIX related ETF was a record high.

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Gold Gains As Stocks Sink After Trump Turmoil, Fed Fearmongering

Shitty day for Housing Recovery enthusiasts, the Trump administration, and Fed followers...

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Dow Rises To 9th Straight Record Close On Lowest Volume In Years

The 9th record close in a row for The Dow (and 10th straight day higher - longest streak since Feb).

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Dow Tops 22,000 As Dollar Drops To 27-Month Lows

It appears the market's attitude today was simple..,

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