Stocks Chillax

The stock market’s volatility continues to subside. The VIX closed at its lowest level in nine months. At one point in October, the VIX came within inches of 90. Now it’s close to dipping below 25.

Except at very low points (like below 13), a low VIX is neither good nor bad for stocks. It simply means that there will be less volatility.

Posted by Eddy Elfenbein on June 29th, 2009 at 4:14 pm

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