Monday, October 7, 2013
The VIX Finally MU'ved... Yes, it did, LUV!
Fear really seems to be prevailing as gold and VIX both spiked up today, with the VIX marching up +15.11%.
Just after I got faked out of my VIX $14 calls...
Thank the Lord I still have some $17 calls and if we really, really get above $20, then I'll get a cash settlement on 16 October 2013. I'm hoping and praying for a 25 VIX. Keep speaking, Speaker Boehner! I like your rhetoric.
What I'm not getting is why it's so difficult to get a 5% move in edgewise with AAPL. Perhaps the 0.80 beta has something to do with it?
+10.01% SBA
+00.68% Roth IRA
-0.91% DJIA
-0.98% Nasdaq
-0.85% S&P
-0.26% FTSE
-0.21% Eurofirst
-1.22% Nikkei
-0.10% SENSEX
-0.71% Hang Seng
-0.71% WTI
+0.16% Brent
+0.93% Gold
-0.14% Copper
+1.41% Corn
+0.50% GBP/USD
-0.58% USD/JPY
-0.41% EUR/JPY
0.88 Put / Call Ratio
-1.09% DJT
+15.11% VIX
-0.21% 5-Year US Treasury Notes
-0.68% 10-Year US Treasury Notes
21% Advancing Issues on NYSE | 23% Up Volume
76% Declining Issues on NYSE | 76% Down Volume
3% Unchanged | 1% Unchanged
54 New Highs | 42 New Lows
25% Advancing Issues on Nasdaq | 28% Up Volume
71% Declining Issues on Nasdaq | 70% Down Volume
4% Unchanged | 2% Unchanged
84 New Highs | 22 New Lows
Today's Major Headlines
China and Japan Warn US on Default
Half A Million Federal Workforce Furloughed - 0.5% GDP Diminishment Expected in Q4... 3-4 Week Shutdown Could Shave 1.4% Off GDP...
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