VIX + Bitcoin = more of a risk on day than it appears
STRATEGY: VIX barely surged... meh. Bitcoin = leading indicator? >50% it bottomedI am to share some unstructured market commentary today. Today is one of the days where it is apparent that the linkage between Bitcoin + digital assets and financial markets increased significantly over the past year. And given the wild moves today, I thought it appropriate to send out some post-closing thoughts (not in any particular order):- VIX surged to nearly 26 today but ended the day basically flat- VIX has little energy to surge higher and lower than the 28 last week- If I "squint" I ...