“Fear Index” on the Rise

The VIX (A.K.A. “The Fear Index”) is a measure of stock market volatility. It rises and falls with investor confidence in the markets.

The historic low (market complacency) is 9.31 on Dec 22, 1993, the high (markets most nervous) is 45.74 Oct 8, 1998. The last time it closed below 10 was Jan 24, 2007 (9.89).

It hit 42 last Thursday afternoon, then dropped when “The Bailout” was announced. Since Monday it’s been slowly rising again.

When do you think it’ll break 46 for a new all-time high? See the latest VIX.

◊◊◊◊ Now: Gold @ $883.40, Silver @ $13.29, USDX @ 76.86 ◊◊◊◊
◊◊◊◊ Now: DJIA 10,825.17

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: