Just saving this image for future purposes. Needless to say it looks like somebody got margin called out there.
Canadian Finance, Economics and Fiscal Analysis
Just saving this image for future purposes. Needless to say it looks like somebody got margin called out there.
Sacha,
What inning do you think we are in in terms of this volatility spell / downswing? Or you think we are now heading into a bear market?
Thanks.
My gut says to wait.
S&P 500 thoughts – Either sideways for ~ 2 years or a further 15-20% drop or something in-between to normalize the trajectory of the index.
Also, Russell 2000 is more or less in-line with its long term growth. Therefore, the “correction” needs to occur in the large cap growth space. Owning real companies valued for their earnings power seems where to hide in all of this.
Apparently, vix hitting 65 is a bit of a myth
https://academysecurities.com/macro-strategy-insights/did-vix-really-hit-65-on-monday/?asmac=a3510dbf-9a3d-4c2f-9710-e442afd20268