2
0

Dow Surges Above 25,000 For The First Time As VIX Does Something It Has Never Done Before


 invite response                
2018 Jan 4, 7:46am   2,014 views  4 comments

by MrMagic   ➕follow (2)   💰tip   ignore  

After closing at a record low last night below 9, VIX is trading with an 8 handle this morning (amid somewhat chaotic trading). VIX has never traded below 9 two days in a row, EVER.

As we noted yesterday, the VIX only traded below 9.0 on seven days since the index was created 28 years ago - six of them in the last six months, the other in Dec 1993.

The Dow and the S&P 500 posted their best performance since 2013 last year, fueled by a synchronous expansion in the global economy and a go-slow approach toward withdrawing monetary-stimulus in major markets.



https://www.zerohedge.com/news/2018-01-04/dow-opens-above-25k-vix-does-something-it-has-never-done

#economics

Comments 1 - 4 of 4        Search these comments

1   Ceffer   2018 Jan 4, 10:23am  

My egregious volumes of new found paper wealth have me rolling around like Scrooge McDuck in the money bin. What can I squander it all on?

Oops, here comes the correction! Better move it into marijuana futures!
2   WatermelonUniversity   2018 Jan 4, 8:53pm  

amazing some people can only parrot stories from news outlet without having a single brain cell to think for themselves.
3   MrMagic   2018 Jan 4, 9:40pm  

BorderPatrol says
amazing some people can only parrot stories from news outlet without having a single brain cell to think for themselves.


Yeah, terrible isn't it.

They should be posting videos from Ring of Fire!!

Now that is some quality news reporting, right?
4   Strategist   2018 Jan 4, 9:48pm  

Sniper says
After closing at a record low last night below 9, VIX is trading with an 8 handle this morning (amid somewhat chaotic trading). VIX has never traded below 9 two days in a row, EVER.


The low volatility as indicated by the Vix tells me the incredible rally in the stock market is for real.

Please register to comment:

api   best comments   contact   latest images   memes   one year ago   random   suggestions