Meta Strategy Trading Portfolio – Probability Map Update.

Weird VIX

While event volatility for the upcoming US presidential election is going through the roof, the S&P 500 couldn’t care less and simply runs from all-time high to all-time high.

Markets seem to have matured and realize that whoever sits in the White House does not matter for stock market returns – it makes zero difference historically.

The data shows quite clearly that there is a distinct edge in realizing that currently elevated volatility is due to a likely nothing-burger event from the stock market’s point of view.