- price action in the SP500 is a vol slopfest!
- inside the vol box 3600 to 3800
- correlations remain incredibly high (sign of vol)
- vix still holding the 30 handle w/ backwardation
- volatility is alive 3641 to infinity and beyond
- bonds have collapsed, capitulation?
- implications of spiking yields, buybacks, consumer credit, housing markets
- currency volatility
- its earnings GO TIME!
SPX Expected Move-
-last week - 120.23 (expected move)
-next week - 113.92 (expected move)