Markets Have Hit A Serious Volatility Inflection Point

Risk has Enveloped the Markets–

–Dollar breaks-out

–Bonds have become a double edge sword

–where’s the implied volatility spike?

–SKEW softens

–front month premium low relative to movement

–dynamics of professional trade in volatility

Sector Analysis-

–monsters of tech underperform

–financials feel impacts of rate changes

–energy is the gainer but that may change

–focus shifts to retail TGT, WMT, COST

SPX Expected Move–

–last week EM– 70.69

–next week– 89.00 expected move

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