Tainted Alpha

Big move down on all risky assets. Possibly a serious testing phase for equity markets ahead. U.S. dollar trying to escape recent down trend, treasuries up. Same story as in recent months but on the opposite side.

Chart 1. S&P 500

VIX made a 33% move up in last few days. Looks like lot of protection buying occurring at the moment.

Chart 2. VIX

Crude oil also cough by gravity.

My trades doing nicely with a twist of luck on the timing.

Crude Oil, S&P 500, VIX

This entry was posted on Wednesday, October 28th, 2009 at 4:12 pm and is filed under Markets. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.