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With last week’s turbulence, some market watchers are wondering when the next big pullback will happen… or if it has already begun. So reports CNN.

bull statue 2905489 640Some analysts are concerned about the VIX, which is usually muted when stocks are soaring, because it keeps rising. Some are calling this a red flag. Others are saying the status of the VIX is a “worrisome sign.”

Much of the market rally has baked in the emergence of an effective vaccine to fight against COVID-19. The unprecedented stimulus has also played an important role in the market’s movements this year.

Randy Frederick, Charles Schwab’s vice president of trading and derivatives, said worries about the VIX and stock market rise are a "little overblown," adding he sees it as more of a “caution flag than a panic button."

Frederick pointed to politics and the pandemic as potential reasons for investor uneasiness. Goldman Sachs recently notes that “VIX futures contracts around early November have spiked.”

Read the full article from CNN.

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