Sometimes Stocks Just Want to Go UP (DIA; SPY; QQQQ; VXX; MCP)

Take a look at this chart from WallStreetTrader:



If the VIX currently at $17.80, DOWN 29 cents with the DJIA down 80 and the S&P down .59% turns south, then (via BigTrends):

• 18% VIX Pop Looks Bullish Over 2 Week Time Frame

  1 Comment and 1 Reaction The CBOE Volatility Index (VIX) (VXX) (VXZ), which measures the implied volatility of S&P 500 Index (SPX) (SPY) options, had a big rise on Wednesday due to the market pulling back.  Day-over-day the VIX closed...
  

for the overall market and one of the best relative strength plays, Molycorp, currently up 77 cents (1.2%) at $64.79.