Upside Volatility
–160 pt SPX move got smoked
–I am all rallied out
–back to 3500, yet again
Will volatility stay down?
–2 recent breeches of EM
–Vol futures speak!
–bonds are scary
–stay on your game
–FED
–Jobs numbers
How Wild was the week?
–QQQ
–XLF
–IWM
–EEM
SPX Expected Move
–last week– 158.40 (expected move)
–actual move– 239.48
–next week– 91.54