We Ripped! But will we Roll Over?

Upside Volatility
--160 pt SPX move got smoked
--I am all rallied out
--back to 3500, yet again

Will volatility stay down?
--2 recent breeches of EM
--Vol futures speak!
--bonds are scary
--stay on your game

--FED
--Jobs numbers

How Wild was the week?
--QQQ
--XLF
--IWM
--EEM

SPX Expected Move
--last week-- 158.40 (expected move)
--actual move-- 239.48
--next week-- 91.54

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