Friday, May 27, 2016

A Final Lesson In Mispriced Risk

Mega-cap stocks all time high

Global risks all time high

Volume and volatility multi-month lows

Shorts were crushed by Janet Yellen's Harvard circle jerk, ahead of the U.S. three day long weekend. Time will tell whether or not that was a good idea or the worst idea of all time. One thing we know with 100% certainty is that risk is ALWAYS mispriced at tops and bottoms. And it's never been more mispriced than it is right now...

S&P 100 volatility with S&P 100 ETF:

"Buy The Fucking All Time High"

Volume Momentum