🚨Market volatility is skyrocketing as if there is A FINANCIAL CRISIS
The Volatility Index, $VIX, spiked to 59 points, the 4th highest level EVER. There were only three times when the VIX traded higher: - Great Financial Crisis - 2020 Crisis - August 2024 Flash Crash Meanwhile, the S&P 500 futures are crashing 5% in the session and are trading 22% below the peak (which means it is now in BEAR MARKET territory). Source: Global Markets Investor
The $VIX ended the day at 30, its highest close since August 5, 2024
Fear is on the rise and stocks are on sale, providing more opportunities for long-term investors. Source: Charlie Bilello
Behold your new volatility regime...
VIX curve is now inverted: Source: Bloomberg, Tracy Alloway @tracyalloway
Market VOLATILITY is back:
The S&P 500 has seen a move of more than 1% in either direction for 6 straight trading sessions, the longest streak since November 2020. Source: Bloomberg
WATCH CREDIT SPREADS‼️
US high yield spreads (in green) are starting to tick up, but not to the extent of the Economic Uncertainty Index nor the Vix (in red). If credit weakens, then we know we are in trouble... Source: Bloomberg, RBC
Call options volume on the volatility index, VIX, jumped above 1 million contracts on Tuesday for the 6th time this year.
Source : bloomberg
CBOE Volatility Index $VIX dropped to its lowest level this year, even with stocks declining on Friday
No fear left in the market except by Bears. Today might be another story… Source: Barchart
The $VIX spiked 74% higher yesterday, the 2nd biggest 1-day % increase in history
Volatility is back. Source Charlie Bilello
