The S&P 500 is hitting all time highs, but the VIX is keeping its bid... that's pretty weird, don't you think?
Normally, if the markets rally, the VIX falls. That's how the game works.
Yet this game is a little goofy right now.
Instead of looking strictly at the VIX, a good tool to use is to look directly at what the market is pricing in.
This video will show you how I do it and why I think the VIX is staying so bid.