Officer Barbrady

Once again volatility takes a back seat.

Today's tape was pretty damn boring and expect the remaining 4th of July short trading week to do the same.  Volatility has fallen and it feels like 'Sell in May and Go Away' could take place in July.

WINNING - Charlie Sheen

Are we winning or losing with our stocks? 

Truth be told, nobody knows.  Just as volatility returned it has quickly vanished.  It doesn't feel right because it isn't right.  We turn to BI for some insight.

Volatility: It's what's for dinner

Volatility - Large Pic

The VXX is up 18% in the last 5 days. Will Volatility make a big comeback in 2013?

Overall,  instruments such as the VXX were a sucker's bet in 2012. Savvy investors know that you're not supposed to hold VXX for an extended period of time.