Saturday, May 5, 2007

VWSI at Zero Again; Another Rhone White Blend to Pass the Time

Not much has changed on the VIX front between last week and this week, with the result that the VIX Weekly Sentiment Indicator (VWSI) is holding steady at zero. The one recent development in the VIX that I am watching most closely is the correlation with the SPX. I summarized my current thinking on this yesterday in “Predictive Value of SPX and VIX Correlation – First Pass.”

(Note that in the above temperature gauge, the "bullish" and "bearish" labels apply to the VIX, not to the broader markets, which are usually negatively correlated with the VIX.)

Wine pairing: This week I would like to highlight a recent find, “The Stump Jump,” a refreshing, food-friendly white Rhone-ish blend of from South Australia’s d’Arenberg. I say “ish” because the 2006 vintage consists of 63% riesling, 16% sauvignon blanc, and for Rhone purists, ‘only’ 13% rousanne and 7% marsanne. Frankly, I was surprised to see the high riesling content, as my taste buds were convinced that this was a more traditional Rhone blend – and an excellent one at that, particularly for the $8.99 price tag. There is also a red Stump Jump that I have not yet tried; the red is a more traditional Rhone blend, consisting of 46% grenache, 34% syrah and 20% mourvedre in the 2005 vintage. For those that are interested in these things, Robert Parker rated the 2005 white an 87 and the red an 88.

Previous inexpensive Rhone blend recommendations include Robert Hall’s Rhone de Robles and Tablas Creek’s Cote de Tablas Blanc, the contrarian favorite, Wrongo Dongo, and Cline Cellars’ Oakley Five Reds.

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1 comment:

  1. Tammy SchwartzNovember 10, 2012 at 9:29 PM

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