The volatility index, $VIX, spiked 23% this week, the largest weekly jump since September 2023.
It also marked the highest weekly $VIX close since November 2023.
Meanwhile, the Dow posted its worst week of 2024 so far.
This week, we will receive crucial inflation data including CPI and PPI inflation.
If CPI inflation rises again, it will mark the 3rd straight monthly increase in inflation.
Volatility is returning.
$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ Trust-ETF(QQQ)$ $Cboe Volatility Index(VIX)$
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- JuliusGoldsmith·04-08$SPY $QQQ $VIXLikeReport