Did you see the VIX spike near the end?

by adsmeow

Everyone bullish at the top end of the cycle. I saw it big time today. Exuberance.

This 4 week rally was fueled by these 3 things:

  1. Lower wage inflation makes the FEDs ears sing.
  2. FED had a blackout for almost an entire month: risk on
  3. Powell was not going to raise rates and a soft landing was on its way.

Here is why I think we’re due for a pullback also in 3 pictures.

VIX at the lows at the end of a epic rumor driven news cycle.

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Nasdaq futures. We had an epic break out. VIX at its low. Everyone is a bull expert at the cycle ending.

Keep an eye out.

Disclosure: I bought $20 VIX Feb 8 Calls and bought back all of my naked puts.

Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence or consult your financial professional before making any investment decision.

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