The S&P 500 is on fire, rallying for eight straight days and soaring over 9.5% since the August 5 low. While some might shrug off this rollercoaster of a market as just another day on Wall Street, don’t be fooled—this is anything but business as usual.The VIX, which spiked to a staggering 65, has made a jaw-dropping U-turn, plummeting to 14 without even pausing for the typical breather around 20. If this wild ride continues, the pressure on short-sellers will only intensify, with high-beta stocks leading the charge.Today, oil tried to steal the spotlight, but it was technology and cyclicals that ended up dominating the day, with only three sectors outshining the S&P 500. And guess what? Those top performers are the highest beta players in the game.Buckle up as we take a closer look at the high-beta and high-short-interest arenas, and decode what the current volatility is signaling about institutional hedging moves.Video Length: 00:18:48More By This Author:We Finally Parked The Truck On This Gold Stock
Good News Is Good News Again… But It’s Not Good Enough
Watch Out – This Is the Next Thing That Could Tank Stocks
