The index is up 2.72 at 35.58, The VXX ETF is up $2.45 at $45.43.
From Bespoke Investment Group:
As we noted last night, the S&P 500 was stymied by its 50-day yesterday. At the same time, the VIX volatility index has bounced off of support at its 50-day. Higher levels in the VIX generally coincide with a decrease in equity prices, so market bulls are hoping this is one bounce that doesn't hold.
Posts
