ProShares VIX Mid-Term Futures ETF (VIXM) Dividend History

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• VIX Hits 3-Month High: Market Turns To Stocks Braving 'Last Mile In The Inflation Battle'

  Small caps and growth stocks are out and utilities and energy stocks are back in following a surprise inflation reading that has sent U.S. equity markets plunging on Tuesday. Such was the turmoil, that the CBOE VIX Volatility Index, the so-called Wall Street fear gauge, spiked from around 13.9 to 17.9 — a 28% jump — hitting its highest level since Nov. 1. It ended the day at 15.85. “At present, this increase is the biggest jump since March 9th and the volatility index stands at over a three-month high. And yet, these are still very low levels of overall implied volatility,” said analyst John Kicklighter on X. The ProShares Vix Mid-Term Futures ETF (NYSE:VIXM), an exchange traded fund which aims to track the VIX Index, jumped 2.2% to $16.37 on Tuesday, but was down 1.6% in pre-market trading on Wednesday. Also Read: Market Correction Due: Stocks Are Running Out Of Reasons To Move Higher, Analyst ...Full story available on Benzinga.com

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• VIX At 2-Month High: Fears Mount As Markets Re-Assess Rate Cut Premium

  Equity markets are having a bumpy ride so far in 2024, and Tuesday was the worst day yet, with weaker sentiment underlined on Wednesday by a move on Wall Street’s “fear gauge” to a two-month high. The CBOE VIX volatility index jumped 4.8% to 14.5 on Wednesday ahead of the market open. The ProShares VIX Mid-Term Futures ETF (NYSE:VIXM), an exchange traded fund that attempts to mirror the performance of the volatility index, was up 2.4% on Wednesday at 16.39. While 14.5 isn’t historically high, it is significant in being the highest reading since Nov. 14, 2023, when the index was dropping sharply from levels above 20. A VIX above 20 is seen as a level indicating “fearful” market conditions, marked by volatility and downside pressure on equities. When the VIX was last above 20 on Oct. 30, it was at the start of a sharp two-month downturn that coincided with strong gains on global equity markets. As the VIX tumbled from around 21 in late October to around 12 in December, the S&P 500 index put on 16%, as did the main ETF that tracks it — the SPDR S&P 500 ETF Trust (NYSE:SPY). Also Read: Full story available on Benzinga.com

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• 'Dumb Money' Is Super Confident In Stock Market Right Now: Should We Be Concerned?

  The “Dumb Money Confidence” index rose to its third-highest reading in 25 years on Friday, just as the VIX volatility index, also known as Wall Street’s “fear gauge” traded at its lowest levels since 2019. Coincidence or correlation? It’s a well-known maxim of Warren Buffett: “When everybody else gets greedy, get scared. And when everybody else gets scared, get greedy,” and illustrates perfectly what the two indexes are telling us: that the bandwagon effect has taken hold. The bandwagon effect, follow-the-crowd — whatever you want to call it — is a trading bias that indulges a group-think mentality. This would be fine if you follow a crowd getting in on the meat of an asset price rise. Following The Crowd Too Late But ...Full story available on Benzinga.com

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• VIX Soars To 5-Month High: What Surging Treasury Yields Mean For Stocks

  The CBOE Volatility Index, commonly known as the VIX or the “fear gauge” of the stock market, has experienced a notable upswing recently, reaching levels not seen in over five months. This surge in the VIX, which has breached the psychologically significant mark of 20, serves as a compelling indicator of growing apprehensions within financial markets. The VIX, a pivotal gauge of expected volatility in the S&P 500 provided by CBOE Global Markets Inc., experienced a surge of almost 13% on Tuesday, and is currently poised for its third consecutive weekly advance. This spike has followed a month of substantial volatility, with September witnessing a 30% increase in the VIX, its most robust performance since April 2022. Notably, this came after the VIX had reached its lowest point (12.68) since January 2020. The fear index has now exceeded both its 50-day and 200-day moving averages. The latter in particular constitutes a breach of what had been a formidable resistance hurdle since March 2023. Chart: VIX Index Rises Above Key Moving Averages Full story available on Benzinga.com

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• CBOE Volatility Index Spikes 9% As Triple Witching Day Shakes Market

  The CBOE Volatility Index, also known as the VIX or “fear index,” witnessed a sudden surge of 9% Friday, marking the most significant single-day increase since mid-August. Produced by CBOE Global Markets Inc. (NYSE:CBOE), the VIX is a well-regarded gauge of option volatility in the S&P 500 index. This rapid surge in market volatility followed weeks of relative calm, with the VIX hitting its lowest level since January 2020, closing at 12.81 on Thursday. What Triggered VIX’s Friday Spike? Several factors may have contributed to the remarkable daily spike in the VIX. Economic data published this week indicated a resurgence in inflation, raising some concerns among investors. Additionally, the surge in oil prices may have played a significant role in ...Full story available on Benzinga.com

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