Markets filled with conflict and chaos--
-Short covering sparks rally
-Markets got its groove back?
-Real buyers?
-Two times SPX Expected Move
-Bear market rallies are violent
-Gravity /ES 4211 and 3931
-NVDA, COST caught up in the rally
Lack of Hedging? --
-Skew extremely low
-VIX
-VVIX
Positioning--
-Energy- oil 115 in a slowing economic backdrop
-Yield curve trade
-Fade the rally? XLF
-Short Dollar
SPX Expected Move--
--last week-- 126.25 (expected move)
--next week-- 100.19 (expected move)