Tainted Alpha

Well, S&P 500 is moving steadily to 1200. Equity markets are disregarding anything happening in the real world, both positive or negative. VIX, together with historical volatility is flirting with the post Lehman lows. Everything is just fine.

It looks nothing will change, but I’m sure it will.

Chart 1. S&P 500

Source: StockCharts.com

Chart 2. VIX

S&P 500, VIX

This entry was posted on Wednesday, March 24th, 2010 at 2:59 am and is filed under Markets. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.