US tech stocks are experiencing one of the most volatile periods in history, with the Nasdaq 100 to S&P 500 volatility ratio reaching a 23-year high
BlockBeats news, on July 9, The Kobeissi Letter published that tech stocks are experiencing one of the most volatile periods in history. The ratio of the Nasdaq 100 Volatility Index (VXN) to the S&P 500 Volatility Index (VIX) has risen to 1.7, reaching its highest level in 23 years. This is also the first time since 2018 that the ratio has broken through 1.5. By comparison, during the 2008 financial crisis, this indicator peaked at around 1.6.
Currently, VXN is at 28 points while VIX is at 16 points, with the latter being 43% lower than the former. VXN has remained above 20 points for five consecutive months, marking the longest streak since the bear market in 2022. The market is pricing in significant volatility risk for tech stocks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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