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The VIX Is Poised To Open Near Fifty Today On Market Meltdown
Michael Swanson
April 07, 2025
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Today the VIX is poised to open just under 50 as I write his before 7:00 AM.
The last two times the VIX opened over 50 was in 2020, during the covid crash, and in 2008 during the US stock market financial crisis crash.
I’ve been trading since the late 1990’s and the stock market last week action reminds me more of the April 2000 stock market drop than 2008 or 2020, but one probably has to go back to when President Nixon ended the Bretton Woods system to understand what is really happening.