Traders Dump’n’Pump VIX, Buy Gold After Dismal Jobs Data – S&P Gives Up Gains Year-To-Date
by Tyler Durden
ZeroHedge.com
05/06/2016
The machines went wild when the dismal jobs data struck. The instant reaction was a complete crush of VIX (despite stocks tumbling, Gold surging, and bond yields plunging), but that rapidly turned around and now VIX is heading higher again… Gold is now up 22% Year-to-date as S&P futures indicate cash will open in the red for 2016.
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