Quote:
Originally Posted by PaceAdvantage
So major US markets close the day down anywhere between 2-3.3% but the VIX barely moved...this has been a trend lately...big market moves with little VIX movement...
Anyone have any theories?
|
Lately the VIX seems to be looking further out than the market. The VIX has kind of decided that the outlook for the market in general is less than good, and it seems to be holding (spending very little time in the 30's and not even challenging a 40 handle). The market is having trouble holding the "lean negative" narrative, so it's kind of on it's own bipolar journey.
That is my guess.
