Market Damage Report–
— The Big Squeeze may be the crescendo
— SPX down 127 on the week
— SPX Flat for the year
— All index products broke EM
— Correlation Grips hold
— Net – damage thus far is MILD
Will the Selling Stop?
–Vol futures say… prepare for impact
— VVIX goes ballistic
— traders are NOT running to bonds… not yet anyway
— dollar rally could be a sign of imminent risk
A Candid Discussion about GME and the Big Squeeze
SPX Expected Move
–last week– 73.48 (expected move)
–next week– 132.54
Clean up your risk people!
