Print the page
Increase font size

Posted April 16, 2021

Sean Ring

By Sean Ring

‼️ Higher Highs to End a Record-Setting Week

Welcome back to the Rude Awakening for Friday, April 16, 2021.

Deja Vu: Markets are up across the board this morning. New record highs once again. (Surprise, surprise)

There isnt any major news coming out today that will likely sway markets in any direction, so it will be interesting to see how we close out this record-setting week.

Like I told you yesterday, this is an unsustainable pattern. And so, if youre looking to get some protective positions in place, to hedge yourself with some downside profits

The Fear Index

Today, Ill show you a juxtaposition of the S&P and the VXX, known as the volatility index and sometimes the fear index.

You will see that these two look almost like exact opposites in terms of recent activity.

As the market goes up, fear goes down.

The saying goes, When the VXX is low, its time to go. When the VXX is high, its time to buy.

It acts as a contrarian indicator in the marketplace.

The VXX is low right now. Which tells you there is a ton of complacency in the market.

One of the ways to position yourself for when the S&P gets the healthy retracement it needs would be a smart set up trading on the VXX.

We get into how this should inform your trading and what to do with a VXX trade in todays video.

Have a safe trading day, folks, and a good weekend.

Well talk again Monday!

Regards,

Scott Stewart

Scott Stewart

Editor, Rude Awakening

November 2022: Monthly Asset Class Report

Posted December 01, 2022

By Sean Ring

Stocks have a big month, bonds get crushed, and yields remain elevated.

The Inconsistency of It All

Posted November 30, 2022

By Sean Ring

It’s hard to follow leaders with zero principles and arbitrary law enforcement.

An Elaboration of the Coming Betrayal of Ukraine

Posted November 29, 2022

By Sean Ring

Is the Rude jumping to conclusions? We don’t think so…

The EU Awakens and the Coming Betrayal of Ukraine

Posted November 28, 2022

By Sean Ring

EU’s top brass finally realizes it’s been taken for a ride.

Commodity Pricing, Gold, and the BRICs

Posted November 23, 2022

By Sean Ring

There’s a reason gold isn’t roofing it, despite all the inflation.

Running a Home Business

Posted November 22, 2022

By Sean Ring

Look over my shoulder as you read this…