Where’s the vol pump?
–No aggression in the selling…
–bottom? we ain’t home yet, according to vol we have not left the station.
–you need to feel the fear
Risk Assets continue to stagnate
–Bonds
–utilities
–gold
–dollar
Monsters of Tech!
7.7*AAPL+.3*AMZN+3.4*FB+.63*GOOGL+4.4*MSFT
reiterating last weeks warning…
–do not buy the dip!
Election risk fades in Nov and builds in Dec and Jan
Position Updates
LULU !!
XHB
XLP
SPX Expected Move
–last week– 99.75 (expected move)
–next week– 83.11
