Today the market was up, way up. The curious thing was so was the VIX (volatility index). Typically the when the market is up, the VIX is down. Many call the VIX the "fear index". It is trading much more near normal levels than it was during the sell of last fall or any time since.
I am not sure what this means, but I am going to look into it. My guess is it is an indicator the S & P is overbought at these levels.
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