Market are owned by TSLA and NVDA–
-Financials down 1%
-Energy off 3.9%
-DOW off 230 points
-Spuz massively unchanged!
-Even AMZN and GOOGL down did not negatively impact NASDAQ
-internals and overnight /ES trade do not matter!
-massive rotations may take place if big tech sells off
Profound Market Moves–
-QQQ
-IWM
-TSLA
Markets Bid Risk Assets–
-Da FED
-Big boy skew – good for premium selling!
-Bonds
-Dollar
-tightened my delta
SPX Expected Move
–last week– 60.41 (expected move)
–next week– 54.75