Look for our next Saturday Webinar soon!
As 2015 draws to a close on low volume and kind of ugly action, I try to figure out what the next year is going to be like in terms of volatility and the VIX. Some general observations from this year:
VIX as of today is up a point with stocks around the same place from last year.
We had another Flash Crash in August for no real reason.
It sounds scary but it is not.
The Santa Rally is in effect for now. SPY managed to eke out gains for the year helped not one wit by AAPL. The late in the year commodity rally is not hurting either. OPEC says oil will be back to $75 in 2019 or whatever and that was enough to lift crude a buck or two. The story is still volatility as most of the headline volatility products are still showing signs of life. That means the VIX futures have yet to collapse.