SPY and VIX Correlation (No Levels, but a Regime Change)
~.8-.9 inverse correlation between VIX and SPY.
Sometimes... they rally together. Rarely do the two correlate positively for extended periods of time.... Term structure will predict events, not a narrative.
Narratives backward rationalize the unknown-known.
All eyes on Japan, March, and May.
Stocks and VIX rally on XYZ, eerily. -WSJ Probably.
Sometimes... they rally together. Rarely do the two correlate positively for extended periods of time.... Term structure will predict events, not a narrative.
Narratives backward rationalize the unknown-known.
All eyes on Japan, March, and May.
Stocks and VIX rally on XYZ, eerily. -WSJ Probably.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.