Ep200: Inside Bars Are Lying To You, And The 'Wall Of Wins' Is The Fix

Again, most of these moves, again, they...

Until you look at the actual scales, a lot of these moves aren't abs- actually that great.

We're seeing very narrow ranges of movement.

Price is grinding.

We're getting one or two-day, uh, bigger moves, but nothing really out of the ordinary should we say.

We're not really pushing that, you know, 1, 1.3, 1.5% moves that we would expect to see in, uh, heightened volatility.

We've gone the other way.

Again, right now we're seeing new 0.02, 0.01, uh, percentage moves, and it wouldn't...

Again, it's just not a very exciting market, and it makes it very difficult to actually [chuckles] provide any type of commentary other than, "Hey, the market did nothing," but as a premium seller we're still collecting money.

And, you know, it's dull and boring, but it still is, uh, you know, a profitable situation for premium sellers.

Anyway, the Dow, as I'm recording this, the Dow is...

It's actually moving dramatically lower.

It was leading the charge, uh, very much lower.

We're seeing the S&P move lower already.

We're seeing the Russell move lower and the NASDAQ move lower.

So they're all in lockstep, but what was leading the charge was the Dow, uh, this morning in the assessment.

My weathercock of looking at the VIX, the VIX did remain elevated or was starting to push higher.

Again, it's pushing a little, nudging up against that most of 16 level.

Will we be able to hold it is another question, but we are coming into that typically historically midterm, mid-September bear season, and again, I'll hopefully I will eventually stop banging the drum about the bear market potentials.