RISK: On risk appetite, the CBOE's volatility........>

RISK: On risk appetite, the CBOE's volatility index or VIX was last at 10.59, on

the low side of a 10.34 to 11.22 range.

- The VIX high of 17.28, seen August 11 at the peak of U.S.-North Korea

tensions, was the highest since Nov. 9, the day after the U.S. election, when

the VIX peaked at 21.48. The 2017 high was 23.01, seen Nov. 4 ahead of the

election.

- In August, the VIX has traded both sides of its 200-day moving average,

currently at 11.65. The index will need to close below that mark on a sustained

basis to suggest that risk sentiment was improving.

- The July 26 low of 8.84 was a new life-time intraday VIX low (prior life-time

intraday low was 8.89, seen Dec. 27, 1993).