Why the $VIX Says Sell
The old adage is, “When the $VIX is high, it’s time to buy. If the $VIX is low, it’s time to go”. Usually, when bottoms occur in the VIX Volatility Index, an index that measures investor fear, tops coincide in the S&P 500 ($SPY). If volatility (the VIX) is low, it indicates that investors are…