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SMLL - Markets Still Virulent With VIX Reading At 38
Direxion Daily Small Cap Bull 2X Shares
When I last wrote, "The VIX Is Catching A Bid From Coronavirus," on February 26th, I didn't have a clue to what extent the equity markets would plunge. The CBOE VIX has a way of quantifying fear and greed levels among retail investors and institutional money managers. I would have never thought I would be updating readers on a VIX level in the thirties, being inexpensive, and cautionary, again. The VIX again is warning those investors who are declaring, "death to the bear market," and signalling that the global financial markets have not