That really is a staggering chart. Buying the day the VIX closes above 50, even in the midst of the worst financial crisis in 80 years and a pandemic that hadn't been seen in 100 years, has yielded positive results 1 year later 100% of the time since 1990. And in a lot of those cases, huge positive results.
BND and RKT are my only losers today.
I’m tempted to trade the BND for ASML.
I think the market is going to give people a chance to buy again at or near the lows from Monday/Tuesday. Maybe not tomorrow or this week but at some point.Nit yet. ASML is up 12%.
IF I WAS A TRADER… would buy puts now and expect to sell them tomorrow. But every day is wild and unpredictable. However I do think the big positive days are consistently being followed by a big negative day or 2 while big negative days are usually followed by a couple more big negative days.
I think the market is going to give people a chance to buy again at or near the lows from Monday/Tuesday. Maybe not tomorrow or this week but at some point.
There is still a 125% levy on China, a 10% baseline tariff across the board, and it's just a 90-day pause. A lot can still happen. The yield on the 10-year is still behaving curiously too.