« Bulls As Elusive As A Maria Belen Shapur Photo | Main | Bespoke's Paul Hickey on CNBC Friday 6/26 at 2PM »
Yesterday's equity market rally sent the VIX volatility index to a new short-term low of 26.36. While the VIX made a new low, the S&P 500 still has a ways to go before taking out its recent highs. Hopefully the VIX is a leading indicator that the rally is set to continue.
TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8349edae969e20115715a7680970b
Listed below are links to weblogs that reference VIX Makes A New Short-Term Low:
This is only a preview. Your comment has not yet been posted.
As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.
Having trouble reading this image? View an alternate.
"the VIX is a leading indicator"
Not always. Just before the last year big fall S&P500 topped on 8/11/2008 and VIX bottomed on 8/22/2008. 9 days later.
Current situation is quite similar.
Posted by: Rezeda | June 26, 2009 at 09:12 AM
Go back to July 2007 an you will see how broken VIX 2.0 is, most of us have moved to 3.1...so it goes
Posted by: dj | June 27, 2009 at 11:14 AM