What Is The VIX Suggesting?

What Is The VIX Suggesting?: Tom Essaye Quoted in Morningstar


What this key stock-market gauge is telling investors amid a rough start to 2024

Meanwhile, a break above the December high for the VIX “would suggest more volatility looming ahead. Conversely, a reversal back towards the current 2024 low of 13.10 would suggest volatility is easing and stocks would be in an improving position to stabilize in the weeks ahead and potentially resume the late-2023 rally,” said Tom Essaye, founder of Sevens Report Research, in a Friday note.

Also, click here to view the full MarketWatch article published on Morningstar on January 6th, 2024. However, to see the Sevens Report’s full comments on the current market environment sign up here.

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