Markets Threaten to Break Lower as Tech Bid Sours

-6 weeks same range!
-Single stock risk and the SP500
-how much longer can tech hold markets together
-bull/bear case for US Treasury default
-SKEW, VVIX risk builds

Get your trade on -This week's Profits and Losses
-covered /ES short calls 50% gain
-closed BABA for a 30% gain, WMT exp

SPX Expected Move--
-last week - 68.84 (expected move 5 day week)
-next week - 63.85 (expected move 5 day week)

 

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