This one hurt...

Thursday 28th March - Daily Equity Update

As we move through into the end of the month any potential weakness is less likely looking ahead now to April OpEx.

That is the “structural” view, flow dynamics that we all need to consider.

Friday some dude in a suit talks and then some data that depending on which side of the bed you got out of or perhaps what your PnL looks like you will perceive it as either made up or perfect.

I took a snapshot of realized volatility on SPY (1month 3month 1 year)

Does anyone remember GFC 2.0?

Yeah, that volatility is all disappearing.