iFlop: Sinking Outside The Box...

I'm tired of being The Economiss!  Is it time for me to get into some inverse VIX ETFs?  My VXX and UVXY positions are sinking fast as I shake my head in disbelief at what trickle down economics can do to a portfolio.  The calls I sold are still not profitable enough for me to close out the positions, though they do somewhat alleviate the financial pain.

What I don't get is this.  Unemployment claims still greatly outnumber NFPs month after month, which means the economy is still shedding jobs on a net basis.  ISM Manufacturing and Non-manufacturing PMI data was much better in 2011 than 2013 and yet, the market is still rallying like it's 2007 with consumer confidence quickly approaching pre-Lehman levels.  

Volume is finally starting to pick up on the SPY just as a bearish divergence has started forming on the 10-day 15-minute chart, so will I be able to redeem myself this week?  


-0.34% SBA
-0.61% Roth IRA

+0.04% DJIA
+0.09% Nasdaq
+0.13% S&P

-0.45% FTSE
+0.01% Eurofirst
-0.61% Nikkei
-0.99% Shanghai

-0.09% WTI
-1.19% Brent
-0.22% Gold

-3.59% VIX
+1.63% DJT


Public Service Announcement: Fed To Change Timing of Policy Statement