The chart of the day comes courtesy of ETFdaily news. It shows that while the market has been rallying off late and the Vix has been hitting lows near the 13 level, the CSFB fear gauge has surged to a record high. This shows that institutional investors have been buying out of the money put hedges in large amounts and are not believers in this rally:

Summit Group Founder's Case for Privatizing Bangladesh's Energy Middlemen
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Muhammed Aziz Khan's argument is that corporatizing or partially
privatizing these entities would transfer logistics risk and price exposure
to capable pri...
2 hours ago