Chart of the Day: VIX at All-Time High High

You’ve noticed that I feature two volatility measures in each morning note; reason being, they can be telling. 

The VIX index tracks a key metric, “implied volatility” for S&P 500 Index options, in the standard options pricing model.

As it stands presently, its level happens to be the highest ever recorded when the S&P 500 is at an all-time high. The previous record happens to have been, you guessed it, at the peak of the tech boom:

So, does this mean that today’s sharp selloff is the beginning of something much much bigger? Nope, today could absolutely turn out to be your classic head fake. It’s just that, as I keep pounding herein, the risk of something much bigger is markedly elevated right here. In other words, the character of the market internals I’ve been pointing to of late is how it’ll look ahead of the next precipitous selloff, whenever it occurs…  

Speaking of today, FYI, as I type:

Dow’s down 826 points (-2.84%)

S&P 500’s down -3.50%

Nasdaq’s down -4.78%

Russell 2000’s down -2.88%

PWA Core Portfolio (100% allocated) is down -1.28%


Recieve Between the Lines Posts to your Inbox

Sign up for lorem ipsum delores sin.

We care about the protection of your data. Read our Privacy Policy.
vulkan vegas, vulkan casino, vulkan vegas casino, vulkan vegas login, vulkan vegas deutschland, vulkan vegas bonus code, vulkan vegas promo code, vulkan vegas österreich, vulkan vegas erfahrung, vulkan vegas bonus code 50 freispiele, 1win, 1 win, 1win az, 1win giriş, 1win aviator, 1 win az, 1win azerbaycan, 1win yukle, pin up, pinup, pin up casino, pin-up, pinup az, pin-up casino giriş, pin-up casino, pin-up kazino, pin up azerbaycan, pin up az, mostbet, mostbet uz, mostbet skachat, mostbet apk, mostbet uz kirish, mostbet online, mostbet casino, mostbet o'ynash, mostbet uz online, most bet, mostbet, mostbet az, mostbet giriş, mostbet yukle, mostbet indir, mostbet aviator, mostbet casino, mostbet azerbaycan, mostbet yükle, mostbet qeydiyyat