jacobit

Absurd blowoff vs potential blowoff

TVC:SPX   S&P 500 Index
VIX is rising, leptokurtic market is becoming OTM- but banks need to offload to FOMO buyers.

The first model is an absurd blowoff, the second is more realistic - assuming April backs the inflow from the stimulation.

Long HYMC f& VIX for now. Not long gold yet.
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