s&p 500

The VXX jumps 16%, is volatility here to stay?

From Steve Smith: The rally from the December S&P 500 bottom has so far been one of the strongest and quickest, compared to previous recovery periods going back to the 1950s. This trend in stocks has not only broken historical patterns, which have often seen a test of the initial low before a new uptrend has […]

vix

VIX should be much higher, says Goldman Sachs

From Tyler Durden: In a surprisingly candid note out of derivatives strategist Rocky Fishman, the Goldman analyst – whose employer has a base case 2019 price target of 3,000 for the S&P – notes that in light of recent market performance, the current VIX, which is trading just around 25, is “unusually low” for the 14% […]

stock market tape

2 Causes of Today’s Stock Market Volatility

From John S. Tobey: Yesterday (Monday, 12/10) is the perfect example of the futility in trying to answer “Why the morning selloff?” The answer is not in the fundamentals, although the media certainly tried. All the early morning reports offered reasons, but the very range shows them to be inaccurate guesses:

s&p 500

Volatility Index jumps higher as stock are hammered

From Josh Selway: U.S. stocks are getting hammered once again, as fear continues to grip Wall Street. The Dow Jones Industrial Average (DJI) and its index peers are all falling fast, last seen near session lows, putting the Dow and S&P 500 Index (SPX) in territory not seen since early May. The financial sector is leading the downturn, while […]