Very low SKEW

In 2015 I posted an article, explaining why watching SKEW is more important than watching the VIX: Forget the VIX, watch the SKEW. In brief, SKEW index has a history of staying relatively high during bull markets and suddenly become low at the start of bear markets. This is what happened both at the 2000… Continue reading Very low SKEW

LT wave for June 2019

The LT wave for May did a fair job. The neutral readings in the first week gave more downside action than expected. The stronger second week produced the only multi-day rally attempt of the month. And the second half of May was as weak as projected by the wave. Not bad. Here is the expected… Continue reading LT wave for June 2019