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Dow Opens Above 25k As VIX Does Something It Has Never Done Before

 

Dow Opens Above 25k As VIX Does Something It Has Never Done Before

Courtesy of Zero Hedge

After closing at a record low last night below 9, VIX is trading with an 8 handle this morning (amid somewhat chaotic trading). VIX has never traded below 9 two days in a row… ever.

As we noted yesterday, it's only traded below 9.0 on seven days since the index was created 28 years ago – six of them in the last six months, the other in Dec 1993.

And The Dow tops 25,000 - the fastest 1000-point leap in history… (Dow first crossed 24k on 11/30)

Time for a new Dow 30k hat soon?

Meanwhile the yield curve continues to collapse to new cycle lows…


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