For the first time since the $VIX was created in 1990, we’ve seen 5 straight days where 📈 $SPX S&P 500 is up +1.09%, 😨 $VIX Volatility Index is also up +1.36 pts.
Historically, rising $VIX = fear → market dips. Not this time. The last time we saw anything close? 4 day streaks back in 1995 and 1996.
Keep in mind Call options volume just hit a record averaging 40M+ contracts/day over 20 sessions.
Both fear and greed are surging. This isn’t normal. It’s a signal.
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🇺🇸 Wall Street Just Broke a 34-Year Rule
For the first time since the $VIX was created in 1990, we’ve seen 5 straight days where
📈 $SPX S&P 500 is up +1.09%,
😨 $VIX Volatility Index is also up +1.36 pts.
Historically, rising $VIX = fear → market dips.
Not this time.
The last time we saw anything close?
4 day streaks back in 1995 and 1996.
Keep in mind
Call options volume just hit a record averaging 40M+ contracts/day over 20 sessions.
Both fear and greed are surging. This isn’t normal. It’s a signal.
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