VIX Volatility Index; Highest Volatility Since February

VIX, volatility, the fear gauge, pops above 30 yesterday to 30.30 verifying the ongoing bearish fear and negativity. Traders are fearful and hiding under their desks. The CPC and CPCE put/call ratios are highly elevated and the NYMO is in the tank also verifying the extreme fear and negativity, usually the best time to buy stocks. Market bulls will not be able to throw confetti until VIX falls below the 200-day MA but any move lower in the VIX will correspond to the broad stock market moving higher. Considering the uber elevated put/call ratios, do not be surprised if the Dow prints a 1,000-point up day in one of the days ahead. 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.