VIX Volatility Daily Chart

The epic market action continues with the VIX now above the critical 200-day MA for nine consecutive days! 99% of the time the S&P 500 would have already tracked at least 20 to 40 handles lower; instead stocks make new highs day after day.

Watch this historic action closely since in your lifetime you will likely never see this again. These are not your grandfather's markets. Either volatility gives up the ghost and collapses lower, under the 200, paving the way for more record stock market highs, or, the stock market finally takes heed of the VIX warning and a long-awaited sell off in equities begins. The low CPC and CPCE put/calls have yet to receive their pound of bull flesh. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.