Entering text into the input field will update the search result below

Market Commentary: SPX Today

Mar. 19, 2021 8:56 AM ETS&P 500 Index (SPX), IVV, VOO, VFINXVIX
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.


  • SPX Narrow Band Close: 3891-3941.
  • SPX Wide Band Close: 3846-3971.
  • Crash Risk Reduced; Witching Arrives.

The crash risk announced yesterday is abated a bit today, according to the model. The witching is upon us so anything goes today. Don't get too beaten up by whipsaws. It's okay to put down the mouse and trade a bit less or not at all.

My long VIX spread went profitable yesterday. I closed many longs in the morning which ended up looking smart as the afternoon selloff began. We might see a little reversion today but expirations can change the game quickly.

Happy Trading!

Analyst's Disclosure: I am/we are long VIX.

I am an active trader and may take a long or short position at any time in any instrument. I closed the long Pound, short Yen, and long Canadian dollar yesterday.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.