The overnight trade in the stock indexes were the strategies that did best in Tuesday's session. The mode of the market since Sunday night has been more of the melt up tone. After Donald Trump became the 45th president in 2017, the VIX hit record low levels down into the 8 handle and remained relatively low in 2017. There are many fundamental differences in the economy and monetary policy from 8 years ago, but low VIX is certainly a potential scenario.
The One Million MNS was up +0.225% on the day while the 250K Portfolio was up $450 in live trading.
The Stock Index Portfolio 24 hypothetical results were down -$3,255 while the Micros were down 1/10th of the amount.
The Top 50 Portfolio Select hypothetical results were -$1,532.50
The 50K Portfolio hypothetical results were -$3,820.00
Futures margins have risen to their highest levels ever at Interactive Brokers, according to Thomas Peterffy, founder, chairman and largest shareholder. This reflects both asset and commodity price inflation across the board, in all markets.
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