Recent readings from the CBOE’s Volatility Index — commonly known as the VIX — have some traders on edge.
While the market has been rallying this month, many traders are treading very carefully.
Some believe the VIX is too high for comfort and are concerned its current levels could be a sign this rally is fragile.
On Fox Business Wednesday, Scott Bauer shared his thoughts on recent VIX readings, market upside, and how he would position himself going forward.
The analysis, insights, and strategies shared by Prosper Trading Academy’s coaches in Prosper Insider are strictly for educational and informational purposes only. All content reflects the personal opinions of the coaches and should not be construed as specific investment advice or recommendations. Any examples discussed are illustrative in nature and do not represent actual live trade signals or instructions to buy or sell securities. Trading involves risk, and individuals should carefully evaluate their own financial situation before making investment decisions.
Scott covers:
- Signs we could be in a topheavy market
- If the market could continue to move higher
- His concerns over the VIX — what it’s showing and where it should be
- How he would exercise caution in this current market
- What he would consider buying for protection
