The VIX spiked higher yesterday despite little trading action and low volumes, indicating that...

|By:, SA News Editor

The VIX spiked higher yesterday despite little trading action and low volumes, indicating that investors were using the lull to hedge their 2010 gains. "If VIX rises for three straight days in the face of a flat or rising stock market, then that is a bearish indicator," according to a trading firm head. "So, we’ll watch today’s action with some interest in that regard.”