Reported 3 days ago
A significant drop in the VIX, known as the stock market's fear gauge, suggests that the recent stock market sell-off may be concluding, signaling potential major gains ahead. This 'bear killer' signal, identified by analyst Jason Goepfert, occurs when the VIX rises above 50 and then falls below 30. Historical data shows that following this signal, the median returns over the next year tend to be strong, indicating a potential market rally in the near future.
Source: YAHOO