The VIX Volatility Index has been sitting above 20 for some time now, even as equity markets have rallied (the two usually trade in the opposite direction of each other). Today, however, equities are only up slightly, but the VIX is down 8% and has finally broken below 20 (as shown below). What gives?
Monday, October 11, 2010
Something Wicked This Way Comes?: "VIX Sees Huge Drop"
From Bespoke Investment Group:
