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Stay Bullish and Weep

By Brandon Chapman, CMT

Markets are grinding higher, and the future looks bright. 

As long as you keep your eyes and ears closed.

Don’t say I didn’t warn you. And don’t say the market didn’t warn us both.

You see, even though the S&P 500 sits near all-time highs and the VIX trades at 15, the market is screaming a warning. 

CNBC talks about soft landings. Everyone's comfortable. Everyone's wrong.

But that just means opportunity for you and me.

The warning comes from something called VIX contango. 

P.S. When markets break bearish, profits happen quickly if you are ready for them. I caught CHWY collapsing 23.4%, SIRI dropping 37.7%, and COIN falling 33.8%. All clearly signaled early on the console.