Good News for Bear Markets, ETFs In Volatility Index
Posted on September 30, 2008 at 14:00 PM EDT
If we’re going solely by indicators to tell us that our exchange traded fund (ETF) and economic troubles are nearing a close, one offers a ray of hope. The Chicago Board Options Exchange Volatility Index, otherwise known as the VIX, rose 34% yesterday. The index is considered the market’s “fear gauge,” because it tends to rise [...]