Posted by: youngragingbull | February 21, 2013

Word on the Street: VIX to set biggest weekly gain in 17 months

The CBOE Volatility Index is on track to log its largest weekly jump in 17 months following Wednesday’s Federal Reserve meeting minutes and Thursday’s weak economic data.

The VIX, or so-called fear index, rose nearly 8.9% to 15.98 in recent activity, setting it up for a 28% gain on the week, the largest weekly rise since late September 2011, when the index rose just over 33%.

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Responses

  1. Reblogged this on The Fanvestor.


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