Speculators (a.k.a., “dumb money”?) are holding their largest net-short position in the history of the VIX futures contract. Every week, the CFTC releases their Commitment…
Tagged $UVXY
Stocks AND Volatility Indices Both Jump — Who’s Right?
Today saw the VIX solidly higher despite the fact that stocks rallied hard; what do similar precedents tell us? Markets have been on a parade…
Does This Signal Mean Smooth Sailing For Santa Rally?
The VIX just notched a 3-month low; previous early-December occurrences have been generous to stock investors. With 2017 fast approaching, all matters of year-end and…
Traders Getting A Little Too Comfortable In Stocks?
Near-term volatility expectations have plunged to record lows. Trader sentiment has officially come full circle following the election. On November 1, we observed that “Investors…
Traders Breathe Unprecedented Sigh Of Relief Following Election
Stock market volatility expectations saw the biggest drop on record following the election. In the buildup to the presidential election, we queried whether “Investors Were…
Investors (Over?-)Prepared For Election Volatility
Despite an unseasonably calm stock market, relative near-term volatility expectations have jumped to the 3rd highest level in their 3-year history. It’s no secret that…
Investor Complacency Is Smashing Records
Near-term volatility expectations are currently on a stretch of unprecedentedly low levels. About a month ago, we began to take note of investor complacency creeping…
Is Smart Money Holding A Record Bet On Volatility Rise?
Commercial hedgers – who are most often correctly positioned at market turns – are currently holding their largest ever net long position in VIX futures.…
Vice Tightens Further On Historic Stock Market Range
What does the S&P 500′s 2nd tightest 2-week trading range ever have in store for stocks? We’ve written quite a bit about the stock market’s…
Complacency Is Creeping Back Into The Stock Market
With stocks’ steady drift through all-time high territory, investors’ relative near-term volatility expectations have plummeted to near record lows. One of the hallmarks of the…