You remember I said last Friday that the way VIX was behaving it was given that today Monday would be solid green...Today also VIX is acting very weak and that gives me hint that market is heading higher now..
Can you please post your master VIX chart and see where VIX solid support reside now?
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You remember I said last Friday that the way VIX was behaving it was given that today Monday would be solid green...Today also VIX is acting very weak and that gives me hint that market is heading higher now..
Can you please post your master VIX chart and see where VIX solid support reside now?
September will see the launch of a new communications sector...
GS: "The new sectors will look very different. Currently, tech amounts to nearly 25% of the total sector weight of the S&P 500 . That will drop to 20% after the switch"
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Sorry, I would have put up a link this weekend to the analysis of the S&P's new sector. Part of the interesting deal is many of the stocks in the Tech sector have been getting a ride from the etfs. If you agree with Citron yet another reason to short NVIDIA. It will put Netflix, Disney and others in with Facebook, which makes good common sense to me, as Facebook seems closer to Disney than to Intel.
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