Cow Moo-ney
commented on a stock · Nov 22, 2022 08:04
VIX vs Market
VIX is dropping, but yet lots of big companies’ stock prices are falling too.
Something must be lying. If VIX bounces from its “double bottom” pattern, then the market could be in trouble. Otherwise, bulls will have to step in quite quickly - though seems like they are still defending the broader market with SPY holding up at the moment
razo2
:
index are not lying. idiots are buying the dip thinking is the bottom. they think the inflation is dropping means it is the end of the story. they often forget after inflation is stagflation. at least half or more of the work force will be axed by 2023. this will create stagflation as inflation still stay around as the fed government slowly increase the interest rates to above the inflation. the long delayed recession will creep into the market soon. we are 1 year behind this now. everyone needs to remember, all these unemployment will only fuel a collapse to credit card debts, housing debts, car loan debts, education debts and crypto leverage debts. this will create a ripple effect across the financial sectors.
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razo2 : index are not lying. idiots are buying the dip thinking is the bottom. they think the inflation is dropping means it is the end of the story. they often forget after inflation is stagflation. at least half or more of the work force will be axed by 2023. this will create stagflation as inflation still stay around as the fed government slowly increase the interest rates to above the inflation. the long delayed recession will creep into the market soon. we are 1 year behind this now. everyone needs to remember, all these unemployment will only fuel a collapse to credit card debts, housing debts, car loan debts, education debts and crypto leverage debts. this will create a ripple effect across the financial sectors.