markets. here's julie hyman. >> we've got stocks hovering around record highs although they are coming off a second consecutive week of gains with a little bit of indecision today. the s&p 500 is now all deaf rebounded 11% from its low in october. the vix is recording is largest again since november 22. always good to see you. given today's lackluster activity, it is curious we would see any kind of sizable pickup in the vix. >> just a frame the lackluster activity, if you look at 20 date realized volatility in the s&p 500, a couple of weeks ago, it was over 4% which is the lowest reading since the 1960's. volatility event in october, we are back in two a period of quiet with the holidays. realized volatility is very low