Shall Risk and Reality Overwhelm the Markets?
-AMZN tanks but markets survived
-monsters of tech down on earnings, Google fading
-Covid on the rise, travel/lockdown stocks are not moving
-Fed will taper… eventually, maybe, probably not
-GDP was off – stimulus trade is running out
-Meatloaf “meme” stocks –AMC, GME, BB, CLOV
-HOOD retribution trade
SPX Expected Move
–last week– 57.25
–next week– 65.00