First Session of Compression and Volatility is Relatively Cheap

Kevin Green discusses the today’s market compression following a strong week of gains, noting that volatility appears "cheap" as we approach next week’s Jackson Hole event. He examines the current VIX levels compared to seasonal volatility trends, suggesting that while the next 50 points may be a slow climb, it could be a healthy one if price levels hold and liquidity continues to improve.

Market On Close

16 Aug 2024

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