‘Vol Up, Spot Up’: This Hasn’t Happened In 20 Years…

‘Vol Up, Spot Up’: This Hasn’t Happened In 20 Years…

Over the past three weeks, U.S. (and global) stocks have celebrated the dawning of the new year by extending the "bigly" gains logged in 2017. The pace of the rally has been furious with RSIs from New York to Hong Kong screaming "overbought" as investors pour money into equities like there's no tomorrow on the (probably correct) assumption that on the off chance there is a tomorrow, some other E*Trader will be more than happy to pay more. Amid the "melt-up", some folks have noted that the VIX
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