– Mag 7 leadership role diminished this week
– Financials continue to hold SP500 together
– Fed Fund Futures are ludicrous
– positioning in a one-sided market (JPM, BA, IBM)
– heavy skew, huge volatility contango
– markets don’t trust the future?SPX Expected Move –
– last week – 46.29 (5-day expected move)
– next week – 57.36 (5-day expected move)Video Length: 00:11:26More By This Author:Does Pending Home Sales Mean A Pending Recession?
Is An Economic Slowdown Bullish For Markets?
Stock And Sector Checklist To End November (And Enter December 2023)
