Quote:
Originally Posted by bdub
Well that's day six of a 3+ percent point move in the SP500 since the market top. We are batting .500 now. Are we enjoying the ride yet?
VIX SP log ret
14.38 0.47%
15.56 -0.38%
17.08 -1.06%
25.03 -3.41%
27.85 -3.07%
27.56 -0.38%
39.16 -4.52%
40.11 -0.83%
33.42 4.50%
36.82 -2.85%
31.99 4.13%
39.58 -3.45%
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So far I would have to say I am. All in, as long as you didn't own airlines, Cruise, travel related type stocks going into this there is some good money to be made. Net, most quality portfolios are still up from where they were in Oct 2019. I am not normally a day trader but given the current volatility there is some very easy money to be made buying and selling short term. When you can pickup 10-15% in a day, which is a rate of return many would be ecstatic with for a full 12 months, how bad can that be. When it settles out there are also some GREAT deals on top notch Blue Chip high Dividend stocks. It is all a matter of perspective.