In case you missed it, The Dow hit 20,000 today…
As we noted yesterday, the last month has seen the lowest trading range in US history…
And VIX dropped intraday to its 2nd lowest level in 10 years…
As Salil Mehta details, this level of VIX was last seen in 2014, 937 calendar days ago; and before that in 2007, 3624 days ago! This is the bottom 0.74% of all of VIX history.
Notably VIX died for 45 minutes this morning as The Dow surged to record highs… VIX 10.51 was the lows of the day…
This post was published at Zero Hedge on Jan 25, 2017.
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