By Bryan Bottarelli Here we are, October 1…
The start of Q4…
And the start of one of the historically worst months in market history.
According to Macro Risk Advisors, the CBOE Volatility Index (VIX) tends to peak in October.
As a note, a “peak” on the VIX equates to a market under heavy selling pressure. The index is sometimes called the “fear gauge.”
Coming off September, the S&P 500 somehow shrugged off a series of troubling geopolitical news items (from impeachment news to China trade talks) to gain 1.7%.
So, as we head into October, it’s easy to realize that it might be hard to hold on to …read more
