๐ป market rallies are wicked, like a ๐ท luring the ๐ชฐ into her ๐ธ
Sentiment surveys do not tell the full story; options pricing does with $SPY IVOL/RVOL at -40 with the ETF +6.6% in 6 days, right into the ๐ฌ of #QT
1a/9
Because everyone KNOWS that both growth and inflation are โun-comp-ableโ vs Q2 2021
And right on cue, #Quad4 deflationary signals appeared this week โ ๏ธ
2/13
Important note on trade (t) and Trend (T) this week
t = trade = 1-mo price change is comping against the March 7 commodity peak
T = Trend = 3-mo price change in comping against the #SPX ATH
Apr 1 โข 17 tweets โข 7 min read
Hello Friday at the 1st day of April!
๐ฐ๐ฐ
Since there's no trading allowed on the Fool's ๐ Day, let's review the month-end and quarter-end ๐งฎ!
๐ rough seas, for sure, but equity volatility declined into month-end (m) but remained ๐ for the quarter (q)
$VIX 20.81 -9.34 pts (m), +3.59 puts (q)
Mar 31 โข 11 tweets โข 3 min read
Hello Thursday and the last day of March 2022!
Month to Date
$NATGAS +27.35%
$BRENT +13.6%
$COPPER +6.65%
$CORN +6.85%
$CRB +12.0%