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From VIX euphoria to palpable panic

and it's gone

SPX's must hold area, around 4360, is gone. We are below the longer term trend line. Why not try the 200 day moving average, only 100 points lower from here...

Source: Refinitiv

The short is very long

Source: Nomura

It doesn't matter...

Source: Refinitiv
Source: GS

VIX - from exuberance to "serious" fear

Source: Refinitiv

Under the hood fear

Source: Refinitiv

Welcome back backwardation

Source: Vixcentral

Erratic for longer

Source: Refinitiv

Dormant buybacks