Comparing the S&P 500 Index (SPX) now versus 2002 on a 160-month moving average basis doesn't look promising,, though monthly closes are most important. Looking at the chart below, you can see that the 160-month trendline was never violated intra-month in 2002. If one ... Read more

Trying to look past the wild volatility that has gripped investors for the last few weeks, one of the more interesting developments we've seen has been the steady trend of the CBOE Market Volatility Index (VIX). The trend of the VIX has been somewhat predictable over the past several wee ... Read more

While VIX (CBOE Market Volatility Index) peaks have moderated over the course of this decade, the volatility of the VIX has actually accelerated in recent years. This could be due to the introduction of the VIX options but in any event very interesting. The chart below graphs the 10-day volat ... Read more