A Divergence In The Magnificent 7 Force?
Image Source: Unsplash
- Mag 7 leadership role diminished this week
- Financials continue to hold SP500 together
- Fed Fund Futures are ludicrous
- positioning in a one-sided market (JPM, BA, IBM)
- heavy skew, huge volatility contango
- markets don't trust the future?
SPX Expected Move -
- last week - 46.29 (5-day expected move)
- next week - 57.36 (5-day expected move)
Video Length: 00:11:26
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