The ECB cut rates, unemployment stayed at 6.3% and the VIX dropped below 11 this week, the lowest level since 2007. Although I want to be long, I can’t ignore the drop in volatility and feel a correction is just around the corner. Accordingly, I have moved 90% into cash.

Here are this week’s links:

Why you can’t just buy the VIX

Correction 2014: Are you prepared?

What next for the euro? Interesting insight from Monex

How to take money off trend followers

Buying the most shorted has been rewarding

Keep an eye on the world’s economies with Trading Economics

 

That’s all for now. More next week. 🙂

 


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