Saturday Review For August 20, 2022

The bears were very loud at the end of the week last week with major indices lower. They had been quiet for some time, so the negative commentary may be a function of those with a negative market outlook having little to shout about for the past few weeks. Of note, VIX did manage to move higher on the week as did all other volatility indices excluding VVIX which is slightly below the long term average of about 93.50.