Volatility Alert (VIX)

[Old Cowzilla]

Vehicle sales slowed to a crawl and now 0% is back by all the big three

Lots of atv-sidebys at the local toy store. Walked past 3 lonely sales reps to the parts dept. to pick up filters for my fencing rig. The DOLLIED up rig at the front door was listed at $57000 Don't think cattle prices will last long enough for me to trade up.

[countryguy]

Vehicle sales slowed to a crawl and now 0% is back by all the big three

But it costs $6500. On GM trucks anyway

[LEP]

Time to go pickup shopping, will have to check next week to see if there’s any deals yet. Still thinking it’s too early.

At almost a $100k a pop, there are no deals. My days of buying a new truck are behind me.

[Sodbuster]

Dealers are not hungry enough yet.

[errolanderson]

Strap-in . . . . Silver prices started evening down 2%, now limit up 7% over $30 per oz in China.

Oil prices slammed early. This may be one volatile week. Financial markets under heavy stress. Japan rescue mission underway? Stock markets at high risk (IMO). Concentration insane.

Bank of Canada rate cuts incoming as Canada recession deepens . . . Many central banks globally cutting rates.

[errolanderson]

Vehicle deflation, you ain’t seen nothin yet. China car prices plunging . . . . say it ain’t inflation.

[littledoggie]

Avian flu in dairy cattle in Kansas and Texas. Dairy cattle are also beef. How will that effect the cattle market?

[errolanderson]

Group, noticeable drop in equity trading volumes, unusual to me. Quiet volumes. Stock markets now controlled by less than 10 companies. Liquidity issues and insane concentration.

Be careful out there . . . . My opinion only.

[errolanderson]

Wild morning in equities, precious metals. Downward slide. Higher than expected U.S.CPI just released 3.5% in March compared to 3.4% expectations. Now talk of no Fed rate cuts this year. But should stock markets correct sharply, central bankers will be panicked to cut rates regardless (IMO).

A witches brew indeed . . . .
errolanderson.substack.com

[errolanderson]

S&P 500 Index technical lines in-the-sand should stock market correction intensify. 1st key support seen at 5,000 pts, down 6% from recent all-time highs. 2nd support seen at 4,700 pts, a 12% pullback. Major support on full-blown correction fills-the-gap at 4,350 pts, down 18%.

This is purely technical should follow-through equity selling persist . . . .

[errolanderson]

U.S. regional bank selloff over the past few hours. Doesn’t appear to be any rescue mission. Q2 appears brutal for these smaller banks.

[sumdumguy]

49 down to 46, relatively miniscule?