1pm update - VIX 10s

With equities holding the morning gains, the VIX has finally slipped into the 10s, a level unthinkable to many.. even just a few months ago. A weekly close with sp'1950s, and VIX 10s would be one hell of a way to start June.


VIX'monthly

Summary

Suffice to say...VIX 10s...that is a pretty bizarre thing to see.

..but then..since the economy and financial system is back health, and 'everything' is great, why not VIX 9s..or even 0 by late 2015?

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*I continue to have my eyes on WFM, but I won't be taking any new positions ahead of the weekend.