The chart of the day comes courtesy of ETFdaily news. It shows that while the market has been rallying off late and the Vix has been hitting lows near the 13 level, the CSFB fear gauge has surged to a record high. This shows that institutional investors have been buying out of the money put hedges in large amounts and are not believers in this rally:
‘Oppenheimer’ Premieres In Japan—8 Months After Global Release,
‘Barbenheimer’ Criticism
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A Japanese independent film distributor picked the film up after Universal
Pictures left Japan off the film’s global release schedule.
9 minutes ago
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