The VIX is at 18 right now. The market is at all-time highs. And Liz says she is battenning down the hatches the second this show ends.
Market up and VIX up on the same day has a history of being a warning shot, and this Market Measures recap explains exactly why with decades of data on how fast the VIX actually moves depending on where it starts from.
VIX at 10 to 13: spikes five points within 24 days every single time. VIX at 16 to 19: pure coin flip, 50-50. VIX above 25: 76% chance it drops five points within 11 days. That is when panic peaks and premium sellers get paid the most.
Liz and Jenny apply all of it live on this Monday morning while the SPX is up 22 handles and the VIX is stubbornly refusing to come down.
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CHAPTERS:
00:00 Market Mea...