Selloff sends VIX back above 13
Chris McKhann | firstname.lastname@example.org
Equity indexes saw their steepest decline of the New Year yesterday, driving the CBOE Volatility Index back above the 13 level.
The S&P 500 fell 23.17 points to 1819.20, its lowest close since Dec. 20. It was briefly in positive territory in the first hour of trade but then steadily lost ground from there, dipping as low as 1815 though bouncing slightly into the close. Resistance remains at its high of 1849, while there is some support at 1810 and then 1780.
The Nasdaq 100 dropped 52.29 points to 3512.80. It followed the same pattern as the SPX and bounced right off 3500. Resistance is at 3592 and support at 3455.
The Russell 2000 was down 16.47 points to 1148.06. The small-cap index has resistance at 1168 and support at 1120.
The VIX gained 1.14 points, or 9.39 percent, to 13.28 after dipping to 11.82 in the morning. The VXST, the 9-day volatility index, was up 31 percent to 13.09.
The VIX futures followed higher. The January contracts, which have just over a week to trade, closed at 13.80. The February futures finished at 14.60. That had the iPath S&P 500 VIX Short-Term Futures Note (VXX) up 3.6 percent to close at $42.31.
September VIX settles at 13.03
September 17, 2014
The September VIX futures settled this morning at 13.03, right where the spot CBOE Volatility Index opened the session.
VIX declines as equities rebound
September 17, 2014
The major equity indexes rebounded sharply yesterday, driving the CBOE Volatility Index lower by nearly 10 percent.
Equities drop, send VIX above 14
September 16, 2014
Equity indexes finished yesterday in the red but were above the lows of the day. The CBOE Volatility Index posted its first close above 14 in a month.
VIX above 13 as equities pull back
September 15, 2014
Major equity indexes were lower at the end of the Friday's session, pushing the CBOE Volatility Index back above the 13 level.
Small caps lead equity rebound
September 12, 2014
The major equity indexes finished yesterday mixed but at their highs of the day after climbing off morning lows. The CBOE Volatility Index was little-changed.