Friday 21 November 2014

Volatility melts into the weekend

With US equities continuing to break new historic highs, the VIX remains very subdued, settling -5.0% @ 12.90. Across the week, the VIX declined by -3.1%. There is still moderate threat of a  (brief) upward spike to 18/20 before year end.


VIX'daily3


VIX'weekly


Summary

*as is typically the case for opex, the VIX was duly knocked lower that 'extra bit' in the closing minutes.
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Suffice to say... VIX remains bizarrely low, but then.. with the central banks regularly 'meddling'... the world capital markets continue to remain calm.

... that won't always be the case of course. It WILL blow up one day... but that day currently looks a year or two away.
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more later... on the indexes