UVXY - Market Volatility Bulletin: Markets Stay Range-Bound While VIX Pops
Market Intro
CNBC: 11:22AM EST
US stocks (SPY, DIA, QQQ, IWM) are mostly higher to open the new week of trade, while spot VIX is up 3.50%, still near the low of its four-month range.
The pre-market session looked decent for S&P futures, but the enthusiasm fizzled and we're now trading closer to unch. After a squirrelly period for equities last week, a set of days where not much happens could be just what stocks need if they are to continue their march higher.
Thoughts on Volatility
Dialogue is a