2.4% Move in VXX (VXX), Volumes Weak
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iPath S&P 500 VIX Short-Term Futures ETN (NYSE: VXX) is up 2.6 percent Monday in light volume. VXX is an EFT designed to track equity market volatility, more commonly know as VIX. The low volume and high VIX might be indicating that market players are trading news from Spain showing its economy shrank for the second consecutive quarter. Look for strong moves on any information out of Europe, after earnings reports, and especially after non-farm payrolls are reported on Friday.
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