Algokid

Lack of "fear" = Sell off ???

CBOE:VXN   CBOE NASDAQ 100 VOLATILITY
1
Food for thoughts

The VIX is at it's lowest level since 2007 and the DOW is up against the top of a 70 year channel. Dan Greenhaus from BTIG made a nice observation of the VIX . Each time the VIX futures hits 16 % or lower, this is follow by a losing streak in the S&P , see table.

He finishes his commentary with this recommendation for the advisers " This is a good time to remind clients that August and September are not good months historically speaking."

Something to think about

SOURCE : BUSINESSINSIDER.COM


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