Market Update--
--FED triggers market vol
--Financials Crushed
--Dollar Bid is likely a fear trade, metals suffer
--Bond Bid causes confusion- reflation trade dead
--Correlation consistent?
Volatility Shock?
--VIX reacts mildly
--Vol futures not inverted
--VVIX
--prolonged vol
SKEW Flyin'
--highest recorded SKEW
--OTM index puts
--Xmas tree/ratio skew trades in play
SPX Expected Move
--last week-- 59.33 (expected move)
--next week-- 90.48