Employment Situation– missed the broad-side of a barn– dragging out instability within employment– will the FED will tapper the asset purchases?
Anything but normal…–SPX smashes the weekly Expected Move SPX
Expected Move–last week– 78.31 (expected)–next week– 78.38
Bonds– we are back baby! — bonds crushed and the range is broken– rate are a flyin’
Outsized Movement — XLF, XLE, EEM, TLT– I am a buyer of premium!– ranges in bonds, gold, dollar, spx– Setup in GLD
