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Barchart
Barchart
Andrew Hecht

Will there be an October Effect on Stocks in 2024?

Stock Market United States Ukraine Russia

I argued that the VIX index was too low in a July 23 Barchart article. The VIX was trading below the 16 level when I wrote:

The VIX is not too low today, but it could be tomorrow. Sentiment in stocks is like the wind, and we could be in the eye of a very volatile storm over the coming weeks and months. The best time to prepare for a storm is long before it makes landfall. 

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