Monday, May 12, 2014

$VIX is unfortunately pretty scary right now

Here's a weekly candle look at $VIX:

Heck of a big drop to start the week, eh? A little too much, eh?

I guess you'd expect a pullback in the US markets with a $VIX drop of this size to start the week.

Then again, maybe something different happens, and we get a drop to a $VIX of 10 as everyone goes uber-bullish for years on end? It's happened before:

Then again, maybe it's silly to assume today is going to be the day that we all start to fart rainbows.

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