MARKETS: "Look Out Below?" What Does The VIX Say?
From Greg M
Lions and friends…
Today I would like to outline for you, briefly, an interesting phenomenon.
Lets look at the VIX.
This is Forbes:
The VIX, formally known as the Chicago Board Options Exchange (CBOE) Volatility Index, measures how much volatility professional investors think the S&P 500 index will experience over the next 30 days. Market professionals refer to this as “implied volatility”—implied because the VIX tracks the options market, where traders make bets about the future performance of different securities and market indices, such as the S&P 500.
Below is a chart of the VIX as of today.
As you can see, the VIX is near a 52 week low.
There are two old Wall Street adages which go like this…
WHEN THE VIX IS HIGH, ITS TIME TO BUY.
WHEN THE VIX IS LOW, LOOK OUT BELOW.
Having a basic understanding of these adages does not guarantee an outcome. However, a stock market trader/investor should keep these things in mind when making investing and trading decisions.
I hope you enjoyed this!
GM
Mr. Gregory. Mannarino, thank you for another perfectly worded statement that not only is probably 90% of the time the case, but it’s exactly the case of the first quarter of 20 22 when Joe Biden opened his mouth. Everyone lost their shirt and then it popped right back but of course if you were on the wrong side everything was “ perfect. “ You ended up losing a lot. Thank you though Mr. Gregory Mannarino honestly if I could give you 10 grand, I would pull it immediately and put it in your pocket. You have done a lot for people. I hope they appreciate you as much as I do. Please forgive any misspellings I talk to text.
Greg I like the fact that you’re accurate and teach us well. Some other YouTubers fake a lot of stuff and say things I know are not accurate.
I’ve been listening to talk about Fed Now which is a payment service and I’ve heard lots of inaccurate remarks about it made . Fed Now makes transferring funds faster. I’m pretty sure the trust and Institution that I receive payments from on stocks and other investments around the world will use Fed Now . Fed Now will make payments instant . Thats one of the reasons I enjoy listening to you. Thank you. Accuracy matters!