Vix futures curve as of the close:
Wow. There's real fear now. I'm kinda happy I wasn't tempted to do any trading today.
Anyway, here's the news:
Bespoke - highest % oversold stocks in a year. Hey, y'know what you should do then? That's right, puke US equities!
New Deal Demoncrat - weekly indicators. Quote:
I suspect that weak commodity prices and negative steel production are about weakness in Europe and China. I see no signs for concern about the US domestic economy in the immediate future. Again, there has been deceleration, but at this point it only means positive, but less so, in the months ahead.Hey, y'know what you should do then? That's right, puke the S&P 500!
Bloomberg - corporate debt healthiest in decades. Hey, so y'know what you should do then?
That's right! Puke high yield! Because reasons!
Liz Ann Sonders - quit piddling your frilly pink panties. Listen to a real analyst tell you to walk it off, you damn sissy.