Wondering why futures are up this morning? Because Bremain is already "Priced in". Public exit polls are illegal on voting day, but private polls are not...
“It’s widely anticipated that one of the financial houses will be running something on the day...Staff at two opinion-polling companies, speaking on the condition of anonymity because discussions are private, report approaches from financiers looking to glean insights into June 23’s so-called Brexit vote and any possible last-minute shift in public opinion."
As of this writing this morning, German 10 year yields are up 65% over their close yesterday...
Yesterday's close:
"Sumamabitch!!!"
Bund futures have lost half their value in one week:
Bund futures have lost half their value in one week:
Oil Futures are putting in a head and shoulder top on the right should of an even bigger head and shoulder top...
WTI (black) with Exxon (red)
Oil with S&P 500
Oil volatility with VIX:
And the last Ponzi trade will overthrow the wedge this morning, and then...
Oil volatility with VIX:
And the last Ponzi trade will overthrow the wedge this morning, and then...
Volatility will likely be high...
Low volatility implosion fund with VIX:
Low volatility implosion fund with VIX:
"It was a bad time to be maximum short volatility along with the rest of Team Groupthink"
