VIX Crushed Back To 11 Handle As "Investors" Seek Safety Of Biotechs

By Tyler Durden of Zero Hedge
Friday, July 31, 2015 11:53 AM EDT

Because nothing says "sell vol with both hands and feet" and buy Biotechs like a collapse in the wage growth meme and consumer sentiment...

Investors flood into the safety of Biotechs...

 

As they dump any kind of protection en masse...

 

Who could have seen that coming?

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