Replies to post #245870 on SPDR S&P 500 (SPY)

[NewYorker567]

I know. Just talked to two "experts" at Schwab why VIX and UVXY are behaving up when SPX is up 1%!!!

They gave me many reasons including some type of "magic" hiding which they call "volatility brewing underneath somewhere in some place in the universe" (shet like that) but at the end both said: I DON'T KNOW why SPX is up and VIX is up. "It's unusual," I was left with. And they send me to read Chicago's notes on these instruments.

I wish they would read it themselves.

I told them this is the f&@$ last time I trade those.