Vix Down 21.90-22

Looks like People feel very comfortable with future news coming this week in regards to employment,auto orders,etc..

 

What if it is a move down to create space in case of a move up?

 

Last time we had a low VIX was back in April.

 

I thought back in April it was lower (below 15?). Check April 23. Do you have a chart?

 

VIX 22 is not exactly low. we had average VIX in that area in Nov-Dec 2009. the market at that time was range bound with upward bias.

 

Who's buying all those S&P 500 put options?

 

It was pretty low 15.23 was the lowest I believe in April.

 

I do NOT think highly of Larry McMillan. He is a regurgitator, and lacks insight. He is way over rated. If he were good, he would not be allocating his time to working for marketwatch, and editing his books and sites.

I also removed link to marketwatch, because if you were to comment on their site and put a link they cancel your account, yet they want others to link to them.

 

VIX seems pretty calm with all this "news" I guess all the insurance has been bought up and no one seems to be surprised that the economy is gonna be sideways for some time.

 

Kinda agree on McMillan. BTW I did not know he's now growing a stash definitely bringing back the 70s creeper look.