Tuesday, November 26, 2013

Longs Beware of the Vix!

Usually I have some wise man tape reading words, but today I do not (my terrible attempt at comedy). Anyway the markets are mixed you have some major stocks down (TSLA, XLE, GMCR), but then there are some stocks that are are strong (FB, AAPL, GOOG), but my watch list seems pretty mixed. The RUT and Nasdaq are leading and the S&P is simply following. I think we will see danger when no one expects it. Beware of the VIX! Until then wait for the higher vol to sell and stay small.

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