Market in a Volatile Holding Pattern?

The edge of normal?
–SPX holds it together and pulls out another week inside the Expected Move

SPX Expected Move
–last week– 93.88 (expected)
–next week–

Volatility Box and Sector Rotations
–SPY/Bonds
–SPY/Dollar
–SPY/Gold

Big Tech getting frothy
–AMZN
–FB – vol skew flips
–MSFT

Bond watch!

Do not get lulled to sleep
–is ain’t no quiet market!
–Volatility is alive!
–VVIX, Vol Futures

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