Shots Fired - Are New Lows on Deck?

-Good jobs gone bad
-Fed Probabilities a flyin'
-Bonds on the edge of abyss
-Low Beta equals high risk? XLU, VZ, PG
-new leg of extreme volatility forthcoming?
-MegaMarket Cap @ lows
-earnings on deck

SPX Expected Move -
-last week - 121.11 (expected move)
-next week - 124.50 (expected move)