RE:VIX Only Stays Low at 13.00 One Month Max in Past 2 YearsThis whole set-up reeks of 2006/2007 when the VIX bottomed out below 10. In 2008, May was a real good month for stawks. Need a roll-over in the S&P before the VIX can start heading back up. Watch for CIBC to start moving up the HVU ask on upticks of the S&P. Right now they are jamming the ask and won't let it go more than a tick or two higher on the intraday wiggles.
BTW, shorting HVU is a winning strategy 98% of the time if you short at the intraday high and over 80% if you just short at the previous day's close in the last 2 or three months.