8/8 VIX is Dangerous Right Now

Are you aware of an elevated VIX and what it means?

Index

I. Forward

II. Reflection

III. Markets

IV. Analysis and Commentary

Forward

I appreciate everyone’s patience today, as you know me, the wiz, I love weather. Well last night the weather didn’t love me. We had several trees fall near our house from the Tornado storm of the century that lasted a whole 5-10 mins, and my wand was all out of power ups, so its just been wiz the lumberjack all morning and afternoon sawing, while our power was out.

Everyone is fine, Gwen was adamant I stay away from the power tools, but those trees are vanquished y’all. I mean obliterated!

Its like treemaggedon out there. Its like hacksaw treeridge. Its like lord of the trees and my saw was the cannibal. ya know? ya feel?

Anyways, I’m going to skip my reflection today, as well as my normal coverage on ERs with flow, and just talk market perspective today and how do we set up with the Chinese news and the ER news we faced last night.

I also take serious pride in this being an affordable educational site. I am adding a veteran discount on top of adding student discounts to subscriptions.

VETERAN DISCOUNTS FOR WIZ SUBSTACK (need a vmail.vet address)

STUDENT DISCOUNTS for WIZ SUBSTACK (need an educational institution address)

If you enjoy the stack, make sure to like this post, restack, retweet, subscribe to the tribe. It goes a long way and I think 95% of those that upgrade will say they’ve seen their trading improve incredibly. But enough of the biz, let’s get down to wiz.

Reflection

This section is wizless.

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Markets