“Listening to volatility crash … another central bank manipulation!”
What I’ve been writing about for the last several weeks at a minimum, finally
born out by Bloomberg, with the chart directly below.
click on chart to enlarge
“Let’s be clear here … volatility is literally being destroyed by central banks in
practically every market. Most noticeable has been FX, where despite 2 days in a
row of “Brexit” lottery trades in GBPJPY would have been winners, volatility in
EURGBP has cratered to levels I haven’t seen before … add to that the overt
manipulation of the stock indices, the death of gold & silver this week, and about
the only things showing any movement at all is either USDCNH [not today
though], and crude oil … and in the case of crude all it took were some Tweets
by Trump and some uber bullish oil inventory reports to get it moving … Oy”!
And if you happen to be unlucky enough to trade interest rates, here’s a nice
article from ZH highlighting the death of volatility in that complex, directly
below.
-again-treasury-volatility-hits-all-time-low
And if you somehow believe all this is some kind of coincidence, I got some
great beachfront property in Kansas you surely will be interested in … “this
ain’t no accident mi amigos, but a carefully coordinated attack on markets by
central banks for the benefit of the 0.001% … simple as that”!
But, crude gave a great buy signal today for signals service subscribers
… directly below the details.
blue for buy duh
At least one market has moved! … and while I got out and left some coin on
the table, it didn’t exactly react the way I thought it should given the uber
bullishness of the oil inventories report … it should have gapped through 57.00
on the news, and when it didn’t I liquidated … “meh no problem, cuz seconds
matter when judging the impact of news … fiddle fart around and it most likely
costs you” … but nonetheless a nice gain.
FX acting like it wants to break out of the volatility doldrums, but one or two
days does NOT a trend make … they need higher 20 Day Range MA’s to show
me they’ve broken free and can trend higher range wise for weeks on end
… so far we haven’t seen that.
Have a great day everybody!
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”?
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