print-icon
print-icon

Why is volatility trading like it was in February 2020?

This article is so good
it's for premium members only.

Does that sound like you?

Already a member? Sign in.

PREMIUM


ONLY $30/MONTH

BILLED ANNUALLY OR $35 MONTHLY

All BASIC features, plus:

  • Premium Articles: Dive into subscriber-only content, market analysis, and insights that keep you ahead of the game.
  • Access to our Private X Account, The Market Ear analysis, and Newsquawk
  • Ad-Free Experience: Enjoy an uninterrupted browsing experience.

PROFESSIONAL


ONLY $125/MONTH

BILLED ANNUALLY OR $150 MONTHLY

All PREMIUM features, plus:

  • Research Catalog: Access to our constantly updated research database, via a private Dropbox account (including hedge fund letters, research reports and analyses from all the top Wall Street banks)

Does oil know something equities don't know?

Earlier today CNBC discussed panic in markets and concluded there is no panic in oil. Down 15 bucks from highs is just a "healthy" correction according to them. Real panic is when it trades negative $37 apparently. One thing is sure, for the many bulls out there (and they are many) the $15 move lower is not healthy for the p/l. Let's see how the Omicron situation plays out, but oil's poor price action is starting to resemble what we saw back in early 2020. Oil was fading SPX big time back in Jan 2020. Then came corona, which equities discounted as "nothing" first, while oil continued trading well offered. We all know what happened later. Oil's recent fade is starting to look similar to what we saw back in early 2020...

Want more of the news you won't get anywhere else?

Sign up now and get a curated daily recap of the most popular and important stories delivered right to your inbox.