hits

Market’s fear gauge hits levels that have marked past short-term bottoms

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Short-term tradable bottom? The CBOE Volatility Index has spiked to 29, but more importantly, the VIX curve (the prices of near-term VIX options) is now in backwardation : that is, the prices of near-term contracts (cash and the March options contract) are now higher than options contracts further out (April, May, June). This is unusual and indicates … Read more

Viceroy’s many hits, few misses

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Mumbai/Bengaluru: Thirty months after the shock Hindenburg report on Adani Group, New York-based short-seller Viceroy Research took aim at billionaire Anil Agarwal’s Vedanta Resources Plc, calling his mining and minerals conglomerate a Ponzi scheme. Founded in 2016 by British short-seller Fraser John Perring along with Gabriel Bernarde and Aiden Lau, Viceroy calls itself an investigative … Read more