Ketchup Soup

1.2 Trillion Dollars vanished from our imagination here in the United States, and we moved four years back in time. The S&P 500 had the biggest percentage loss since October 1987. The Vix (Fear Gauge) hit a level that has only been seen in 1987, the Russian Default of 1998, and the aftermath of the 9/11 attacks.

Campbell Soup was the only stock in the S&P 500 which gained today. But, if we are really in the worst crisis since the Great Depression, shouldn't this be the worst performer?

This is deeply disturbing. Either everything is going to be okay, or we should all go out and enter a spread: shorting Campbell soup and buying some second-tier ketchup like Hunts.

By the way, the Ebay Whip-Inflation-Now Indicator is flashing high alert as it hit 100% unconcerned about the prospects for inflation. At zero bids, Ebay W.I.N. Indicator is signalling crisis level fears of imminent depression. I may have to intervene in the market.