PANIC CITY

 

“HAL, could we stop with the insane HFT bullshit for 5 minutes!”  

It’s been a very long time since I’ve seen as much panic throughout markets, 

with insane volatility levels, maintained over a period of time lasting more than 

a week or two … except for gold, which is a basket case unto itself … it really

 is extraordinary. NADEX premiums are as high as I’ve seen them, and 

traders are pricing in insane levels of option premium to guard against risk 

… you can’t possibly pay the premiums and expect to make money, and if you 

sell it you get to cry in your beer as risk rolls over you. As I’ve said before, “we 

wouldn’t be here, in this volatility mess, if it weren’t for the incompetence, 

negligence, and utter hubris of government [read the FED] thinking they could 

control markets for policy purposes and then think nothing would ever go wrong 

… idiots, but what else is new”?

 

But, here we are in a new year that is all of three days old, and already we’ve 

had an FX flash crash, and today sees a “good news is bad news, bad news is 

good news” NFP report coming up, along with more headline panic inducing 

bullshit from FED Chief Honcho Spicoli, who’ll later today will try and blind 

us all with bullshit … he’ll speak and literally say nothing, and pundits will 

take away from his comments anything they want cuz he’s learned the fine art 

of “doublespeak bullshit” to his Wall Street base.

This week sees not only a Holiday, but FED doublespeak, an NFP report, and 

a trade scared out of their minds … intraday VIX in practically everything 

simply off the fucking charts … NADEX premiums for everything simply not 

an option [pun intended] … none of them make any “Hoover Dam” sense at all, 

and if you get in anything, it’s simply a flip of a coin whether you make money 

or not … “don’t confuse pure luck with algorithm or trading genius … it ain’t 

… and if the probabilities aren’t there, I walk, simple as that … markets will be 

here next week [I think] for us to dominate”! Most likely next signals will be 

Monday morning … could see them as early as 3 AM EST, when FX & the 

DAX30 call spreads and binaries start for the week, but if not then after 8 AM 

EST, when new series of call spreads & binaries come then.

Last night simply saw no good trades available … way, way too much risk 

premium to pay for a few PIPS and/or index points of profit … not saying it 

was unwarranted, just that it makes little sense to risk a dollar to make 10 

cents, if the market needs to go your way a 100+ PIPS or 10 index points to get 

it! So, no signals service subscriber trades today.

I’m hoping to get the call spread tutorial done this weekend, but right now I 

don’t know … we’ll see Sunday night when I post updated 20 Day Range MA’s 

for all of our markets … until then mi amigos … Onward & Upward!!

Have a great weekend everybody!
 

-vegas

OUR NADEX SIGNALS SERVICE IS UP & RUNNING … DAILY 

WTI CRUDE OIL SIGNALS & “VOLATILITY” STRATEGIES 

IN 20 OTHER MARKETS, INCLUDING COMMODITIES, FX, 

& STOCK INDICES! … “what on earth are you waiting for”?