Friday, June 18, 2021

Investor, Is the Goldilocks Market Dead?

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Free TheoNight Report - Weekend Edition for Friday, June 18, 2021 by Don Kaufman - Is the Goldilocks Market Dead?

 

Market Update--

--FED triggers market vol

--Financials Crushed

--Dollar Bid is likely a fear trade, metals suffer

--Bond Bid causes confusion- reflation trade dead

--Correlation consistent?

 

Volatility Shock?

--VIX reacts mildly

--Vol futures not inverted

--VVIX

--prolonged vol

 

SKEW Flyin'

--highest recorded SKEW

--OTM index puts

--Xmas tree/ratio skew trades in play

 

SPX Expected Move  

--last week-- 59.33 (expected move)

--next week-- 90.48

 

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