The recent VIX break below 18 (below 17) has been associated with substantial pullbacks over the past 3 years. Note the Blue circles correspond to VIX lows, while the Red are VIX highs. The Yellow circles were below 18.
Nasdaq versus VIX, 3 Years (weekly) click for biiger view
There remains a voracious institutional appetite for stocks, and that may very well temper the downside of any correction.
Bubble headed logic
Sony to work with Intel on mobile music tech
Tidal wave coming of metals?
Behind the theory of disruptive success
Are We In for a Seven-Year Rally? (long term)
The Rally May Be Running Out of Gas (short term)
Quote of the day: “Our instinctive emotions are those that we have inherited from a much more dangerous world, and contain, therefore, a larger portion of fear than they should.”
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.