Markets are in a sharp decline today amidst renewed Euro Zone concerns. The VIX has gained over 20% on the day thus far, currently standing at 36. I know VIX options activity over the last few sessions has suggested investors were anticipating volatility to subside throughout the remained of the year, but I never got quite comfortable with the ‘fear gauge’ hovering below the 30...
The article below is the latest piece from the Technical Traders discussing 3 investment (relatively) safe havens to consider if you are looking to put money to work in this market. The Technical Trader guys suggest traders consider opportunities in the TLT, XLU and the USD (see below).
Of these three I like the TLT play the most. I’m thinking we’ll probably see further downside in equities...