The Market X-Files: July 23 Edition
Today's curveball: Now VIX is directly correlating with stocks. Last time that made sense was, well, never, even though it happened just over a week ago. The Black Swan reverse migration is the market melt up this time around.
And the meltup in equities continues even as Vol and Dollar are telling HAL9000 to slow down. Skynet is now sentient.