Volatility Index fell by nearly 30% in less than two weeks as the markets marched higher for seven consecutive days. Investors went from panic to euphoria.
I don't think much has changed but the markets were pretty oversold a few weeks ago. Will we take out the S&P lows from early in July ? This rally was on lower "summer holiday" type volume. Not a sign of a new bull market. Check out my postings from July 1 for why I think markets will get ugly. Staying short for now !
Macro equity trading strategies with risk management (paired trading when needed). Some might think these are crazy ideas but even a 'blind squirrel' will find a nut every now and then !
Blind Squirrel Trading Strategies
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