VIX up 6% with SPX up 0.5% --- is this an intermediate top for the week?

https://www.cnbc.com/2021/05/18/jim-cramer-the-vix-is-flashing-signs-of-more-downside-in-stocks.html

 

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THAT's good.
Speak for yourself,vinceNYC on inve$tsors flat.YESterday + today
QQQ =seldom if ever flat..................................bond funds maybe flat or worseLOL
NOT a prediction, not insured by any federal agency.
Did make a someWhat slow Dash to/ cash metals dealer.

 

at that time of my posting it was flat. but look at my previous post before that...what did i say?

 

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Let see/ gap up @ open , then, so most investors made more than most traders @ open;
good trading to you/ today\ I will not have time to Dash to cash metals dealer today.
''i grew up in a socialist country + will do[almost] anything to avoid it''-IBKR founding father Thomas P, FOX News =6/14/2023.amen

 

well well what do u know....jerome came thru for da bears at 2 pm est today....

 

I keep saying, ever since 0DTE became a thing, there just isn't the possibility of this market ever having a meaningful down move again. It tries to, but it's interrupted by a V every time. Shorting or buying puts is setting your money on fire. There has never been a risk free market like this and I don't see any chance this changes. I said yesterday that there was a bearish candle that would probably be ignored and it was. Remember it tries, but the infinite liquidity and the power of the V prevent this market from ever having any meaningful pullback or red. I'm debating if it will be this month or next month where QQQ takes out a new ATH.

 

Shocker that right after your post there was a massive V

 

i traded before, during and after jerome spoke today....overtraded a bit today....but i've made $400 trading es and $20 from doing door dash today. did u trade and made any money today?

 

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''KNOW??''
A ''w'' = V V together like the last poster told you I'm in CST that beats you by an hour LOL;
I measure by % or %% also. Profits off FNGU, FNGD QQQ/related........ES bears may have done better today , but part of that would just be personal preference.
Congrats on $20 Door cash, I noted early i would not have time to Dash to metals dealer today

 

Today's action seems to continue the dying correlation of SPX & VIX. SPX up 1.5% and VIX up 3.5%. Or it could be like January 2018 when markets were skyrocketing and the VIX started to go higher from like 12 to 20 by late January. And then February 24 2018 was the start of the VIXmageddon.