Yesterday’s Unusual VIX and SPX Action
Posted on March 28, 2008 at 13:00 PM EDT
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...]