It's being propped up by the Fed, which just announced their QE decision for the next 3 months or so today. That gives plenty time for an IPO.

I actually don't know what "market predictability" means. Like, the market is never predictable, right? That's why most money managers don't consistently make big profits. Is this a notion that can be quantified? Can you cite some evidence for what you've said?

Anyway, the person I was responding to said volatility and that is the metric I cited.

That’s because there was an FOMC meeting today, it’s always more volatile before one. The market was told that what it expected would happen is going to happen, and it was pleased. It expected more bond purchase tapering and 3 rate hikes (75 bps total) next year.

VIX is back under 20, volatility is settling down.

Some unprofitable growth stocks have been sold off lately, but the rest of the market is chugging along just fine, at least until rates start to go up.

Here’s a way to keep an eye on the probabilities the market is assigning to rate hikes at future Fed meetings: https://www.cmegroup.com/trading/interest-rates/countdown-to...

What are some examples of rug pulls? All of the ones I can think of are ICOs, not IPOs. I can, however, think of dozens of IPOs that have gone gangbusters.