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Saturday, June 29, 2013
Volatility Index (28 Jun 13): $VIX 16.86
The market is rising, but not as quickly as the VIX is diving. And that could be
great news for the month ahead. The move in the VIX might be telling us a bit more than how many days are in
the next month. It might be signaling that the market is gearing up for a whoosh
higher. So what does it tell me that the VIX fell 25 percent off of a 3.4 percent rise
in the market? It indicates that some traders are dipping their toes in the
market by selling out their insurance (held in the form of puts).
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