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Mario Randholm Blog. Mario is the founder of Randholm & Co. S.A.C., an investment management company dedicated to producing superior returns for its clients and employees by adhering to mathematical and statistical methods.
Blow off top
The market finished the week strong back at all time highs. Last week we saw 4 out of 5 up days, so the market bounce is still in full force.
The VIX is holding the 12 level. We will take a closer look with live data tomorrow.
The real interesting part last week was the movement in volatility. Volatility rose Monday through Wednesday with the market moving higher. A break in this reverse correlation is usually a red flag. We did see the VIX fall Thursday and Friday as the market moved higher. We will track this correlation because now it is still cheap to buy protection.
