1x Short VIX Futures ETF (SVIX)

Break $19 solidafter 830am market stays bullish 

...
..The first thing that the Europeans and the Americans did, once the Russian military moved into the Donbass in February 2022, was to develop the so-called sanctions policy. They didn’t need to develop the military. They had been working militarily with the Ukrainians for at least the previous eight years.What was new, what was different, and what was thought to be decisive were the sanctions. Europe would no longer buy Russian oil and gas. If Russia was a gas station pretending to be a nation — a joke made in America — well, they would show them what happens to a gas station when no one stops by to load up with gas.What they never counted on was the BRICS, that Russia could turn to two BRICS allies — India and China — and sell all the oil and gas it could pump; and thereby fund the very military operation that the sanctions were supposed to make impossible.That was a miscalculation whose results we’re living through: the de-industrialization of Europe because it doesn’t have cheap energy from Russia anymore; the particular disintegration of the leading position of Germany, which was the dominant economy and is, now, with Britain, the basket case of the European economy… Wow, the cost of not understanding the BRICS!...

SVIX has been ruling as Well, it turns out that China’s biggest, unique characteristic of industrial socialism has been to keep money and finance in the hands of China’s central bank, in its own Treasury. So it’s the government that creates money, not an independent commercial banking system.And so China’s banks don’t lend for corporate takeovers. They don’t borrow money to make dividend payouts or stock buybacks to push up their prices. The credit that’s created based on the Chinese Treasury and the People’s Bank of China is designed to build infrastructure, factories, and all of the things that China has been doing.To the Americans, that’s what makes China an existential enemy. If America were to do that strategy of raising industrialization, increasing employment and living standards, that would free the American economy from this billionaire class that we’ve been talking about for the last half hour. The billionaire class is — think of it almost as a tumor on the economy, as a parasite. They pretend to be part of the real economy of production and consumption. They pretend to be helpful, and even necessary, for industry to take place.But they’re not helpful at all.They’ve led the de-industrialization of the country. And so, of course, what we’re dealing with is almost a civilizational conflict now between a society, from Europe to the United States, run by billionaires who make money by de-industrializing the economy, and squeezing living standards, and driving the wage-earning force further into debt so that it can’t afford to buy the products that it makes, on the one hand.And then you have China’s model on the other. And by providing this model — the antithesis of the American model — that’s what today’s fights internationally, including next week’s BRICS meetings, are all about...,

Cashing out at $27.90 thank you Powell and Yellen PPT team

$28 keep on pumping PPT $30 closer

$30 today as long as PPT keeps pumping ..lol

Go NVDL!! Like clockwork Yellen and PPT holding VIX down nicely it’s NVDA pump time soon ..back to $115 and a little some



The "Plunge Protection Team" (PPT) is a colloquial name given to the Working Group on Financial Markets. Created in 1988 to provide financial and economic lifts to the S&P 500.

Critics fear the Plunge Protection Team doesn't just advise, but actively intervenes to prop up stock prices—colluding with banks to rig the market, in effect.
The Plunge Protection Team, composed of high-ranking government financial officials, reports directly and privately to the president of the United States.

Rate cut will be .50 and then to further juice market they will claim QT will end in October

Back out of SVIX 26.90
In some UVIX 4.95 for a quick flip into tomorrow

Oh yeah $26.78 pump it Yellen pump it

Back in new average 24.39

Back out 25.90 afterhours

Back in earlier at $24.70. The theme is all is well in markets again into rate cut. Chance of $30 hitting 30% gains coming soon

All out of SVIX 25.60 seems market frothing again pick up some UVIX 5.50
With a tight stop

Move back to 25.50 unloaded some $23 - )24s from Friday

$23s $24s added earlier for a move back to $25.50

Flipped back out at $27+ all the $25.50s

One more round back in $25.50s tomorrow is 401k suckers day. Get the markets up a little Friday and make those with 401ks pay full price for there retirement investments

Back out $26 otw down

Take some $24s off the table at $26.40s set new stop at $26

Pump it

Really no reason for a Fed rate cut but might happen anyways.. job market still ok https://wolfstreet.com/2024/09/04/is-the-labor-market-normalizing-what-even-is-normal/

Hires jumped to 5.52 million in July, seasonally adjusted, after the drop in June. The three-month average inched down to 5.47 million.

So let’s repeat: Fewer voluntary quits and historically low layoffs and discharges – as employers cling to their workers – mean fewer job openings to fill, which means less hiring. And that’s part of what we’re seeing here.

The other part we’re seeing here is that the economy now creates jobs at a slower rate than in heady days of 2022 and 2023, and there are fewer new jobs to fill.



Hires in relationship to nonfarm payrolls has declined below 2018-2019 levels, which were considered tight labor market conditions, but remain well above nearly all months in the prior period going back to 2001. Is this level of hiring in relationship to payrolls historically “normal?” Maybe.

Recharge SVIX $24 again as TMF $60s hit

$24 $25s paying off now at $26

VIX maxing out start nibbling $24s and $25s

Inflation is experienced at the grocery store, but always manufactured by the government. It's the same story every time. The politicians who create it by printing money, villainize and blame companies that have nothing to do with it — to distract from their reckless spending.

Vix getting more call volume than put volume.
Comparing Vix with a svix and Uvix seems off. I figured svix hit at least 40 and can’t believe uvix is under 5 lol

Ring the register $30s. Longshot $39 up next

Smart

Time to start cashing some $19s at $27 level next stop would be $30

I never gave much attention to UVIX & SVIX until last Monday. Many traders made money on that extreme VIX "spike up", by trading SVIX immediately thereafter. Volatility is expected to increase, as evidenced by CBOE's new rollout of volatility products. Some are now saying, in this market, we will see more extreme spikes, w/ greater frequency.

A new trading niche may be developing with the increase market volatility. Watching...

Cboe Announces Planned Launch of Options on VIX Futures, Further Expanding Volatility Product Suite:

https://ir.cboe.com/news/news-details/2024/Cboe-Announces-Planned-Launch-of-Options-on-VIX-Futures-Further-Expanding-Volatility-Product-Suite/default.aspx

https://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=SVIX&insttype=Fund&freq=1&show=&time=6

Easiest trade out there from $19s

Good bet I think

SVIX $20.40 yummmm