from Seeking Alpha: Stock Picks, Stock Market Investing by Bespoke Investment Group
Hickey and Walters (Bespoke) submit:The volatility bubble that we spoke of just last week is starting to unwind pretty fast, with the VIX now down more than 50% from its highs. The VIX has typically gone up when the market has gone down, but even on days when the market has declined this week, the VIX has gone down as well. As shown below, the VIX recently broke below its November lows and is currently resting just above 40. There isn't much support in sight until the mid-30s.Complete Story »
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