Catastrophic First Half with More to Come?

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–SPUZ holding on by a thread…
–Strong dollar is keeping metals down
–Bond Rally?
–1) deflationary
–2) or a hedge for traders anticipating more risk
–volatility issues still prevalent
–low VVIX, SKEW, vol futures not in backwardation
–lowering guidance or warning GM, MU, RH, META, NFLX, COIN
–significant headwinds shall prevail in second half

SPX Expected Move —
–last week —  112.64  (expected move)
–next week–   93.99   (expected move 4 day week)

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