All Time Index Highs That Lack Conviction: What The Issues Are

All Time Index Highs That Lack Conviction: What The Issues Are

The businesswoman in glasses standing near the display

getty
A lot of feel-good talk about the new all-time highs for the S&P 500 and the NASDAQ-100 might be overlooking underlying issues. A closer examination of a few items is clarifying.
The VIX tells the basic story. The volatility index, as it’s known, is a definite non-confirmation.
Here’s the point-and-figure chart of the VIX:

$VIX…

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