|Bid||11.680 x 64600|
|Ask||11.690 x 69900|
|Day's Range||11.640 - 11.910|
|52 Week Range||10.910 - 42.410|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.89%|
Alan Valdes, Director of floor operations at Silverbear Capital, joins Yahoo Finance's Alexis Christoforous from the floor of the New York Stock Exchange to discuss the outlook for the financial sector, particularly bank stocks.
The US inflation report, which was released on August 11, indicated that inflation has risen 1.7% YoY. Slowing inflation has been a concern for the Fed.
Since VIX spiked, long VIX products have seen very large outflows while short VIX products have had very large inflows. A contrarian's dream and exposing the market to more downside risk.