With all of the market volatility over the last few weeks, one would have thought the market would be FLYING around left and right. It hasn't.

Trade selection using volatility as the primary criteria. Different trades for different volatility opportunities.

After another large decline last Thursday, equities along with other "risk-on" assets appear poised for a relief rally that could come early in the week as the markets begin anticipating and debating what Federal Reserve Chairman Ben Bernanke may deliver in his Friday speech.

In terms of volatility relative to movement in the SPX, at its peak, yesterday's movement in the SPX volatility was the worst we have seen.

One of the founding principles of the VIX futures is that the structure of them comes from SPX options.

What does an overpriced VIX really mean? If one looks at historical volatility relative to implied volatility, the VIX is almost always to high.

The VIX got hammered yesterday and the SPX is now trading at a higher level than it was before the S&P downgrade. So…all is well…maybe.

Trading opportunities arising from violent volatility swings

After two weeks of uncertainty, high volatility and volume equities look as if they have found a short-term bottom.

There were a few things I liked about the rally yesterday, but there was one thing I really didn't like.

SPX is starting to eerily resemble some of the price action from 2008 but less severe.

Does yesterday's price action mean we are out of the woods? I am not so sure.