With so much volatility in the market, danger could be lurking around any corner. Find out where Jon Najarian anticipates trouble.
We’ve seen the volatility differential between the VIX and VXN go from a 6 point spread last week down to to a half point spread… and then explode back to a 6 point spread Wednesday. (He's talking about the volatility ratio between S&P stocks and NASDAQ stocks.) That could mean there's more risk in the NASDAQ, ahead of us, says Najarian on CNBC's "Closing Bell."
Also, we’ve been watching a big institutional buyer who’s been spot on, Najarian adds. And their options trading suggests they expect the NASDAQ to slide. Consequently, I’m anticipating a little more weakness in tech.