In Chicago we are already getting use to the Bears getting pummeled each week. This past week bears everywhere took it on the chin as the S&P 500 put up the best weekly performance in 2015. What I find interesting on the chart below relates to VIX, which was down 18.4% for the week, which is actually the fourth worst week for VIX this year, despite VIX beginning the week over 20.00.
VXX dropped about 11% and SVXY was up closer to 12% last week. However, the choppy[...]