Posted July 27th, 2017.
U.S. stocks powered to new highs on Wednesday, as volatility fell to its lowest level on record and investors continued to disavow the dollar after the Federal Reserve decided to stand pat on interest rates. Fear? What Fear? A measure of implied volatility known as the CBOE VIX declined Wednesday to its lowest level on record. At 2:01...
Posted July 24th, 2017.
Wall Street hasn’t been this confident since 1993 – at least, if you’re a proponent of the CBOE VIX Volatility Index. The VIX is a barometer of investor fear that measures implied volatility in S&P 500 Index options over the next 30 days. It is designed to move inversely with the S&P 500 the majority of the...