March 28, 2008 at 13:00 PM EDT
Yesterday’s Unusual VIX and SPX Action
As I mentioned yesterday in VIX Follows Markets Down in Early Trading, it is rare for the VIX to drop when the S&P 500 is down and rarer still for the VIX to be down when the SPX is down 1% or more. In fact, when the SPX closed down 1.15% yesterday and th [More...]
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