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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 399.29+0.9%Dec 17 4:00 PM EST

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bull_dozer
To: bull_dozer who wrote (166494)1/5/2021 7:22:26 PM
From: TobagoJack1 Recommendation  Read Replies (1) of 218551
 
Re <<Did you deploy cheap puts?>>

... no wonder why the Puts are cheap.

zerohedge.com

SPY SHORTS HAVE EVAPORATED

BY THE MARKET EAR

TUESDAY, JAN 05, 2021 - 9:21


Source: JPM

Source: Refinitiv

The entire corona "shock" when it comes to loans on SPY is now gone. Is everybody "comfortably" all in long now? Despite the bullish feeling, SPX has done pretty much nothing since December. Small grinding higher and a few bigger down days has offered practically zero index returns. Note we are basically back to Pfizer vaccine day news highs. SPX has had problems pushing above that upper trend line lately, which is a loss of momentum. The only thing up since December is VIX. It would be truly epic if market tops out as people have practically closed out shorts.
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