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Wednesday, March 15, 2023

Market Update Regional Banking contagion, or more fake news?

 I don't have as much time as I would like to compose a proper blog. I slept in, and have been having a relaxing morning. I also went back and touched up yesterday's blog, after finding a couple errors, and another key headline to add. 

"All The World's A Stage, and all the men and women merely players;" Quoting Shakespeare 

I'm sure you know by now, I enjoy exposing the crooked banking cartel (aka the money printers), the financial fake news, and the phony politicians, as much as I love timing markets.

I didn't watch to see what CNBC worldwide exchange was peddling this morning, but I did watch some Bloomberg: 

If that's not absurd enough:

Then they brought on Dr. Doom, and in the introduction, they mentioned that the Prince of Financial Darkness - Nouriel Roubini - has ties to the Clinton administration! That's right, he's a government insider, and that might help explain how the Clinton's, and nearly every other higher up - even Berny Sanders - sees their net worth skyrocket.... The politicians and the banksters have been on the same team, for as long as I can remember. This is why I call our current government as "kleptocracy". 


How Nouriel Roubini Became a Research Brand

 institutionalinvestor.com


More Bloomberg fear mongering


Checkout this brief video clip from earlier in the week, where the camera shakes incessantly, as if the world is coming to an end. Total psyop






Another thing I heard Tom Keene report is that nobody is going to want to go long, going into a "long weekend". I swear this is what I heard, but as far as I know this is only a 2 day weekend. Maybe this is just a figure of speech, meant to scare investors.

Couple More Things


I put out the warning after yesterday's close...
If you were watching my twitter feed, and know how to read the $VIX, you knew what to do... 

Credit Suisse

As far as Credit Suisse goes... I got in and out of that trade, perfectly last time, and thinking about dumpster diving on this name, as I did half a dozen other trash stocks yesterday. Of course $CS could go to 0 (zero), but that's a chance I'm willing to take.... 



Take Care, AA 






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Saturday, February 18, 2023

A Tale of Volmageddon - Revisiting Volmageddon 1.0 - Preparing for Volmageddon 2.0 - Danger Signs Ahead?

 A Tale of Volmageddon 

Revisiting Volmageddon 1.0 - Preparing for Vomageddon 2.0

Volmageddon; a blending of the words volatility and Armageddon, refers to the extraordinary U.S. stock market activity that took place on February 5, 2018.

The tale of Volmageddon is really the story about what happened to the short-sellers of volatility on February 5, 2018

continued... @ marketswiki.com

Revisiting Volmageddon 1.0 

I remember the Volmageddon incident of 2018, very well, and after following the market closely - for most of my adult life - I recognize when the VIX is - once again - being routinely shorted, by the marrilly, complacent, manipulators. More about the setup for Volmageddon 2.0 in a moment. 

 My FXStreet Interview Dated April 10th, 2018 

If you recall, before anyone had labelled the great $VIX short squeeze of 2018, "Volmageddon", it was a hot topic of conversation, in my first interview with Dale Pinkard, at the FXStreet.com 

Sidebar: 

Whether you're new to this (trading), or a seasoned veteran, I suggest you tune into Dale's show, and I promise you'll learn a thing or 2..! It's even FREE, and I receive no kick back for the recommendation. I tuned in recently, and I was reminded to think outside the box... (a story for another day), and we all need to be reminded sometimes!

This is the interview in which Dale, and I discuss the great $VIX short squeeze of 2018 - aka Volmageddon 1.0. 

Cue The Video

I've cued up the Video (below)  - to 11:30 -, so you can listen to my explanation for Volmageddon  2018, and view what I was seeing in the charts, for yourself. 

The Segment is only a few minutes long: Be sure to see what happened to the $SVXY (leveraged $VIX bear (short)  ETF) - because today, we're seeing the same situation develop again, in the same fund - the segment ends around 14:20 (after we both have a good laugh). 



At the time of the interview I was under the impression that the SVXY was going to be retired, but I was probably only repeating some fake news, that I was hearing at the time.  

In hindsight, nobody should be surprised that this fund still exist, since it's instrumental in helping the powers that be, drive the $VIX lower. Even the Fed bragged about lower volatility - with a wink and a nod - after they took control of the market in 2008. Think the Federal Reserve isn't in on it (selling volatility)? I'll leave that for you to decide!

Volmageddon 2.0?

$SVXY - this fund still exists, and continues to be used in order to help manipulate the $VIX, and I don't believe the criminal cartel -who controls Wall Street - is finished with their $VIX manipulation scheme. Not by a long shot! 

As I alerted to on Friday.... 

I can tell you this; if the $VIX continues to break higher, the bulls are in trouble. #OPEX #Friday

— Veteran Market Timer (@3Xtraders) February 17, 2023

And it was at that point the $VIX was driven lower - again no coincidence! No more a coincidence than the $VIX being shorted at the magic number - 20 - on Thursday. 

Today's $SVXY 




I have a target for the $VIX, but you won't find it on the above monthly $SVXY view - above  

Sure the pink line is a stophunt, but even if that breaks, we aren't going to see the same kind of unwind we saw in 2018.  

If we ever get to the point where we see Volmageddon 2.0, I'm sure it will catch most traders/investors off guard, just as the last one did. 

 Still Seeing A Lot Of Complacency In This Market 

Friday - the idiots on CNBC Fast Money were seen once again throwing caution to the wind, talking about how the market doesn't want to sell off, while ignoring the fact that the only thing holding it up, may have been, February, Options, Expiration (OPEX)!

I'll keep sounding the alarm, especially after seeing the $VIX action of the past few days. It has been nothing short of a wild ride. 

 Recently I even went so far as to advise investors/ traders to "reduce your risk"...in my Feb 7th update, because something just doesn't smell right, and the market doesn't react normally.

 I've been warning of a sharp correction, for some time now, and even more so as Wall Street becomes utterly complacent...
  
... yet this story continues to play out as it did even as the warning - of Volmageddon 2.0 - was sounded last week - by JPM - as I pointed out in Friday's blog - 

Some folks are calling for the $VIX to hit 50, before May? I don't see that as even a remote possibility.  


Good luck, 
AA 



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