Rotations, Risk, and Reality Lost
Volatility Compression—explosive moves, lower implied volatility Monsters of Tech— buying opportunity of the beginning of the end? IWM all-time highs— I’m long but risk/reward says get out now! XLF above 26.50 XLE— is energy on the road to recovery? CAT all-time highs– buy the vol! SPX Expected Move–last week– 91.54 (expected move)–next week– 82.39