Rotations, Risk, and Reality Lost

Volatility Compression
—explosive moves, lower implied volatility

Monsters of Tech— buying opportunity of the beginning of the end?

IWM all-time highs— I’m long but risk/reward says get out now!

XLF above 26.50

XLE— is energy on the road to recovery?

CAT all-time highs-- buy the vol!

SPX Expected Move
--last week-- 91.54 (expected move)
--next week-- 82.39