The VIX has not made the same dramatic move down during December that it made in mid-October:

VIX (SPX Volatility Index) 3 month chart
Source: PC Quote

QQV (QQQ Volatility Index) 6 month chart
Source: PC Quote

The Nasdaq 100 (NDX) leadership has been failing as of late. Note there’s little complacency amongst QQQ holders, counter-intuitively, there’s been no big QQV drop.

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Quote of the Day:
“The public thinks speculation is a game of ‘know the future.’ They are wrong; It is a game of developing strategies with winning advantages, of getting the odds on your side, and then working those odds.” -Larry Williams

Category: Finance

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