Page 1
Page 1
Started By
Message

Those Worried About a Correction: A Simple Thing to Watch

Posted on 2/11/21 at 2:07 pm
Posted by Hussss
Living the Dream
Member since Oct 2016
6742 posts
Posted on 2/11/21 at 2:07 pm
Watch the 60 min. VIX chart, specifically the 50 ema which currently sits @ 22.78, it has been knocking up against it today and can't seem to break through so the coast is looking clear for today at least.

Vix closes above this number will be the first part of the puzzle. The VIX leads the stock market and bottoms before the market tops and it tops before the market bottoms.

Market gets extremely volatile right after VIX expiration, which is the third Wednesday of every month @ 9:15am ET. So next week could get really volatile after Wed.

Stay cautious
This post was edited on 2/11/21 at 2:11 pm
Posted by bayoubengals88
LA
Member since Sep 2007
18910 posts
Posted on 2/11/21 at 2:08 pm to
quote:

Hussss
Posted by Hayekian serf
GA
Member since Dec 2020
2534 posts
Posted on 2/11/21 at 2:25 pm to
Eyes on bonds. Once rates start creeping up, it could spell big trouble.

But they still have a few stimulus money printing tricks before the big one happens.
Posted by SkinnyTestaverde
Fort Lauderdale
Member since Dec 2009
401 posts
Posted on 2/11/21 at 2:47 pm to
Coast is clear for “today” at least?

Well that’s reassuring
Posted by deathvalleytiger10
Member since Sep 2009
7570 posts
Posted on 2/11/21 at 3:05 pm to
Explain this to me like I am five.

60 min. VIX chart? Link?

EMA?
Posted by TigerHornII
Member since Feb 2021
290 posts
Posted on 2/11/21 at 3:10 pm to
Easiest thing to do is hedge via something like VXX. Take some profits off a winning stock play and buy VXX now while it's low. If/when the correction happens, VXX will jump big. Look at its 5 year chart. Cash out of VXX then.
Posted by zephry801
Member since Dec 2017
434 posts
Posted on 2/11/21 at 3:18 pm to
Posted by ldts
Member since Aug 2015
2677 posts
Posted on 2/11/21 at 3:20 pm to
quote:

Easiest thing to do is hedge via something like VXX. Take some profits off a winning stock play and buy VXX now while it's low. If/when the correction happens, VXX will jump big. Look at its 5 year chart. Cash out of VXX then.


That's the way to do it. One thing I would add though, is when you cash out of VXX after it spikes, buy SVXY, an inverse VIX fund. This way you can ride it up then back down.
Posted by notiger1997
Metairie
Member since May 2009
58122 posts
Posted on 2/11/21 at 3:24 pm to
Posted by Douglas Quaid
Mars
Member since Mar 2010
4097 posts
Posted on 2/11/21 at 3:33 pm to
Posted by mule74
Watersound Beach
Member since Nov 2004
11297 posts
Posted on 2/11/21 at 3:37 pm to
They are printing fricking money. Powell said yesterday they are not going to pull support. Congress is trying to pass a $1 trillion plus stimulus package.

As long as they keep doing this, the party rolls on.
Posted by evil cockroach
27.98N // 86.92E
Member since Nov 2007
7458 posts
Posted on 2/11/21 at 4:07 pm to
quote:

Eyes on bonds. Once rates start creeping up, Jay Pow Pow will crank up the printing presses and buy everything in site
FIFY
Posted by wasteland
City of peace
Member since Apr 2011
5600 posts
Posted on 2/11/21 at 4:36 pm to
Everyone knows you’re stupid
Posted by tigerfoot
Alexandria
Member since Sep 2006
56256 posts
Posted on 2/11/21 at 5:26 pm to
Biden needs this inevitable tumble to happen quicker rather than later...so he can claim the bad is because of Trump and the natural correction will be all his doing. I figure they let her rip this summer. A hint of the feds raising rates and this son of a bitch will plummet. I should have a bag full of cash available after the next fall. I am kind of looking forward to it.
This post was edited on 2/11/21 at 5:28 pm
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram