Punk Rock WeeklyFri October 11, 2024Strong US Economy Gives the Equity Market Good Footing Into HolidaysMarkets hit new all-time highs despite a hot CPI report and rising jobless claims. The Volatility Index remains elevated but is expected to drop post-election. Strong economic fundamentals, a resilient labor market, and solid earnings point to continued bullish momentum. With the holiday season approaching, investors should prepare for more market strength, looking beyond short-term geopolitical concerns.
Trade IdeaBlack Swan PartyTue October 8, 2024It’s Time to Short the VIXThe Volatility Index (VIX) presents profitable opportunities for those who understand its recurring patterns, especially during election cycles. Current geopolitical tensions and upcoming election uncertainties have caused a spike in the VIX, but much of this is technical and should ease post-election. Historically, the VIX tends to drop in October and beyond.