George Spritzer submits: I sometimes use the VIX as a gauge of fear/volatility in the marketplace. Generally a high VIX value greater than 30 or a value significantly higher to where it had been trading in the recent past, can help signal a market bottom. The VIX measures implied volatility on S&P500 index options.But in recent months, it seems that there is much greater volatility diversity within the S&P500 index. There have been many days where the S&P500 was relatively flat, but financials were down big and energy stocks up big (or vice versa).Complete Story »
VIX Isn't the Best Gauge of Marketplace Volatility
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