Those who watched the market last night would know it was another day of RED, RED and more RED!

Is the bitcoin era over now ? I don't know but the media is definitely losing interest in this once popular golden boy. So, who's the hottest now ?

Not the healthcare stocks but the FEAR INDEX. It moves at a scary , parabolic upswing of 252% returns in just 2 months.

This is really, really insane and also really, really scary as well. Many retail investors are scrambling to cut losses, got their margin calls or have to reluctantly reduce their positions to avoid another portfolio busted.

I spent 38 bucks to short VIX but was stopped out as it continued to spike up and up. It is just shy of a few dollars before it hit the peak like Sept 2011 at 48.

No, I am not going to short ViX for now but will be watching it closely next week to see how and when this monster rally is going to come down.

Trade safely, ALWAYS use a stop loss, employ appropriate risk and capital management. Have a safe trading week ahead.


Chart PatternsTrend AnalysisVIX CBOE Volatility Index

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