
For college basketball fans, March Madness is later this month. But for investors in many parts of the stock market, March “badness” is already the headline-maker.
I’m skipping over the daily chart of the CBOE Volatility Index ($VIX) since it can be very skittish. Here’s the weekly. Do you see what I see? It hit 30 for the first time since last April. But if that was the peak, unlike the last two times it carried that level, investors will have won a nice game of dodgeball.