In mid-December we were focused on three important contrarian signals that were giving warning signs of a potential market top. The prevailing theme was the marketplace was complacent and ripe for a sell-off or worse a rogue wave . We made the point that it was a great time to buy cheap portfolio insurance by going long volatility. That mid-December sell-off only sent the US stock market down 4% but did you see what it did to the VIX (^VIX)? In very short order the VIX skyrocketed up over 25%. Is a repeat scenario lining up? Numerous Opportunities for Cheap Protection Throughout the ...