Bulls are having all the fun it seems. Watching them dance with the $VXO closing at its lowest ever yesterday made for quite the spectacle. The case for caution is out the window it appears and the party is just getting started they tell us. But have they watched themselves dance?
But as contorted as Elaine’s dancing moves are, they are no match for the latest twist in the $VXO:
Sleepwalk away if you must:
Sweet. Fancy. Moses. This party is awkward.
Categories: Market Analysis