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Max believes that the U.S. stock market may have some bubbles, but it is not out of control. The expected PE for the S&P 500 Index is 23.6 times, and compared to valuation parameters, a more effective way to determine bubbles is through psychological diagnosis. Currently, there is no talk from people saying 'there are no prices that are unreachable,' which is a clear indicator of irrational thinking and a sign of bubbles.
The Easy Money Has Been Made in Options. What to Do Now.
Fredo in the cut : Means go long tlt
WarlockofWallstreet OP Fredo in the cut : deff a curve ball lol, but the volume on calls on vix for the 22nd is absolutely insane. So it might drop at the end of next week, we shall see.