Stock Market Today: May 22nd - 26th

Pretty impressive that the market is making new ATH when oil is down almost 4%

 

I would be really interested if it goes to 9s again

 

Small caps underperforming today

 

Almost there

 

I bought UVXY last time (2 weeks ago) and lost 10% in value before finishing +20%.
I only bought VIX calls once and got lucky and made money on that. But I learned that it's Euro style option so not interested because it seems like you have to get the timing right on 2 or 3 times (buying, expiration, selling) in one play.

I'm just not sure about playing volatility, except on the pullback after a spike.

 

man this rally is so wierd, so many stocks i follow are down or really weak, what has the indexes roaring so strong the past week? just big cap tech and utilities?

 

Yes mid 9s is my target to get in, not too far off now

 

I guess not much gonna happen ahead of the long weekend. 2 more sessions next week before we are heading to June. Seems like "Sell in May and go away" not working this year

 

I do find it hard to play VIX spikes vs after VIX spikes - @stock1234 did you get in on the VIX?

 

What if May high is the high of the year?

Two months left for Trump push his agenda. The market has priced in as if everything Trump said is put in place. If nothing is done within these two months, the market need to be adjusted accordingly.

 

Nope not low enough for me just yet

 

True, just saying May is usually not that good of a month for equities but volatility has been very low this May

 

I don't play the VIX too often to be honest, but historically the VIX rarely stay this low and that's why I am starting to get interested at this level. I would probably start a position at mid 9s or even better low 9s. If you are long heavily on equities already then probably not a bad time to long some VIX here, good luck