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VIX Spikes

Posted by Mark Motive on February 4, 2010 Economics, Markets Add comments
Feb 042010

With uncertainty over sovereign bonds and a weak recovery investors have pummeled the markets. Risk is way up with the VIX index rising 20% today. (VIX is the implied volatility in S&P 500 option contracts.)

Notably, VIX broke through its 200 day moving average for the second time in the past few days. Watch out for more upside to risk.