After High Volatility, Credit Suisse Says Overnight Risk Now Overblown

Despite recent market turmoil, with stocks taking near a 15 percent break from their highs over the summer, overnight risk in the stock market is at recent and in some cases all-time lows.  This comes as a Credit Suisse report notes the power of the VIX to foreshadow the most extreme stock market moves, pointing to risk management that might just work best when traders take their time to trade.

Recent market volatility similar to 2011-2012 period, but that risk is now subsiding

Overnight market risk for large cap stocks is nearly half of what it was in 2008 at the height...