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VIX Crushed Back To 11 Handle As "Investors" Seek Safety Of Biotechs

Because nothing says "sell vol with both hands and feet" and buy Biotechs like a collapse in the wage growth meme and consumer sentiment...

 

Investors flood into the saftey of Biotechs...

 

As they dump any kind of protection en masse...

 

Who could have seen that coming?

S&P green. Next: VIX < 12

— zerohedge (@zerohedge)