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Showing posts from July, 2021

The Show Goes On

In an effort to make more consistent posts for this blog, I am going to be posting once per month, at the end of every month. Since my previous post in which I recommended a hedge on the S&P 500, the S&P 500 index has appreciated by +2.83%, with the VVIX and VIX indexes both appreciating by +6.85% and +11.81%, respectively. Since the sudden decline of July 19th, the SPX has risen +3.77%, with the VVIX, VIX, and SVXY (short implied volatility fund, mid-term exposure to VIX curve) -18.27%, -21.33%, and +8.06%, respectively. From July 14-19, the SPX declined -2.65%, with the VVIX, VIX, and SVXY +18.60%, +37.78%, and -9.71%, respectively. One thing I will continue to reiterate is that I am not "bragging" on my "market call-outs", as I believe I do not make those predictions. I am simply summing up the market action during which I analyzed for, and how accurate my expectation for future volatility was. One important clarification: simply because I recommended a h