Traders Dump’n’Pump VIX, Buy Gold After Dismal Jobs Data

The machines went wild when the dismal jobs data struck. The instant reaction was a complete crush of VIX (despite stocks tumbling, Gold surging, and bond yields plunging), but that rapidly turned around and now VIX is heading higher again…

 

 

broadly speakinmg it is “risk-off” for now but VIX is being manhandled to remain positive into the open…

via http://ift.tt/1STJ8Us Tyler Durden

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