Over the past 10 trading days, we experienced the greatest 'volatility crash' in history!
As the VIX fear index dropped by 62%! (from 38.57 to 14.65)
In addition, the S&P500 index yesterday completed 8 consecutive trading days of gains, and if tonight also ends in the green, we will be on the longest green streak since 2004!
We have never seen market investors shift from panic to calm so quickly, and we will better understand the implications of such a sharp move in the coming days.