{"id":4787,"date":"2020-05-22T00:00:00","date_gmt":"2020-05-22T04:00:00","guid":{"rendered":"https:\/\/www.whitcomb.com\/weekly-market-update-may-22\/"},"modified":"2022-02-07T11:46:39","modified_gmt":"2022-02-07T15:46:39","slug":"weekly-market-update-may-22","status":"publish","type":"post","link":"https:\/\/www.whitcomb.com\/blog\/2020\/05\/22\/weekly-market-update-may-22\/","title":{"rendered":"Weekly Market Update – May 22"},"content":{"rendered":"\n

We hope you are well and ready to enjoy a beautiful holiday weekend. After declining last week, the S&P 500 increased this week and continues to trade inside a range of 2850-3000.<\/p>\n\n\n\n

We think the following chart from JPMorgan Research shows some interesting information. The chart shows both the major declines in the S&P 500 since the financial crisis in 2008, as well as the Volatility Index level (VIX). These charts are inversely correlated: the VIX increases when the S&P 500 decreases, and vice versa.<\/p>\n\n\n\n

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Here are some additional observations from this chart:<\/p>\n\n\n\n