The VIX recently hit an all time low. We have discussed this in previous weeks, but there are several points we believe should be reiterated. The VIX is a measure of expected volatility in the S&P 500 Index. Many use the VIX as a contrairian indictor. When the VIX is low, investors should be cautious. When the VIX is high, it is a sign the market is low and it is an opportunity to buy.

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Market in a Minute 2017-8-1