23 January 2013

SP 500 and NDX Futures Daily Charts - Complacency with a Side of Bravado

Someone reminded me that VIX stayed very low throughout the equity bubble from 2004 through 2007.

So, we'll see if Ben and the financiers are blowing another equity bubble, or not.

I tend to think not, but I have found it dangerous to underestimate the brazen venality of the pampered princes.

After hours NFLX is soaring, but the big kahuna AAPL is getting trounced.