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FA Center: Stock market’s ‘fear index’ may have just flashed a buy signal

Did the VIX just flash a contrarian buy signal? I’m referring, of course, to the CBOE’s well-known volatility index. VIX, +2.43%   Considered by many to be the U.S. stock market’s “fear index,” the VIX is widely interpreted in a contrarian way: High levels indicate widespread fear, and therefore thought …

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