A few headlines I’ve been reading this morning have been about the VIX hitting low levels not seen since 2007. For me, there’s always been a little confusion surrounding the actual purpose of the VIX. I’ve found it to be more of a confirming indicator, if anything, but it’s interesting to see how other people interpret it’s usefulness. Tom plans on discussing the VIX further in a future Mullooly Asset Show episode, so be on the lookout for that!
Here’s what I’ve been reading this morning: