What a bear market rally we're going through right now.
Comparing the ratio of VIX 3M and VIX 6M, we have receded back into the 1 zone.
But I've marked on the chart with vertical lines where the market thought h!t was sweet, where the ratio was 1 and below, where the VIX futures settled down from its volatile state, where all the bears either died at war or they went to hibernate...
And then a flash crash appeared.
I'll have to do some inventory this weekend with my portfolio. I will either die at war penniless or win so big I'll quit my soul-killing career like Dave Chappelle.
Good luck.