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CBOE Volatility Index (VIX)

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15.97
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CBOE Volatility Index Discussions

Im confused by this being up and DJI and s&p up?
 Indeed. I realize I'm spinning tales in my head, but this is a possible reality I see tomorrow: bank earnings are dismal. The bank CEOs proclaim (not unreasonably), that they can't survive in a 0% interest environment. Powell takes the "necessary but unwanted" action of reversing his promise to keep rates at 0 until 2022 (or whenever it was he said), and takes the fall for Trump, who goes on an epic Twitter rant. NQ crashes, Vix spikes. Of course I'm probably wrong, but sometimes it's nice to dream. It's just that none of this market makes any sense, and the euphoria is no longer even tiresome, it's just amazing.
 yes, I've given up reasoning with it. I bought OOM puts in Feb, made a return you wouldn't believe in March, and have since put a lot of that back into fall dated puts. But I'm not buying more until I get confirmation the market has switched to risk off ... and I look to vix term structure for that signal
 Nice! Patience is the key, you're right.
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