Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: ggersh who wrote (143772)	10/10/2018 5:44:26 PM
From: TobagoJack	1 Recommendation Recommended By ggersh Read Replies (1) \| Respond to of 218935

culprit #1 fingered zerohedge.com

To: ggersh who wrote (143772)	10/10/2018 6:08:17 PM
From: Slumdog	Read Replies (1) \| Respond to of 218935

Hey gg, here is an excerpt from Jesses piece; "The VIX futures were in contango today. That means that the nearer term months were at a higher value than the following months. Usually it is the other way around. backwardation, with the futures in the following months gradually increasing in price. This is a signal that a nearer term and disruptive spike in risk is being expected by a number of traders, and they are seeking protection from it." Isn't this backwards? I havent googled or ducked yet, but always thought that contango was when the months further out were valued higher than near term and front month, and backwardation was when the front months were of higher value than further out. Am I missing something?