For the first time since mid-August, the VIX has been smashed down into the teens.

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
It’s been nearly three hours since the CPI report came out, and the market just doesn’t know what to do with itself. As I am typing these words, the /ES is unchanged, the /NQ is down, the /RTY is up, and every one of them looks like an EKG printout. Lest you think that the market is a bar-goon right now, kindly look at the percentage of stocks above their 200-day moving average. It’s awfully damned high:
