Thread by @tdarling1

Hello 🐫 day!

I've moved on, but the 🐫 hasn't

With IVOL/RVOL in $SPX of -33, what could possibly go wrong?

Let's dig into the 🧮!

Ex-Japan, with its own unique set of problems, Asia closed broadly ↗️

$NIKK 28027 -0.8%
$SSEC 3267 +1.95%
$TWII 17741 +1.1%
$HSI 22213 +1.3%
$KOSPI 2747 +0.2%
$IDX 7053 +1.0%

Australia ↗️
$ASX 7514 +0.65%

India ↗️
$BSE 58583 +1.1%

The "hope of ☮️" rally in Europe gives way to some selling ↘️

$DAX 14625 -1.35%
$FTSE 7527 -0.15%
$CAC 6721 -1.05%
$AEX 732 -0.45%
$UBEX 8545 -0.8%
$MIB 25117 -0.75%
$SMI 12262 -0.5%
$MOEX 2474 +2.7% ⬅️🪆

$VSTOXX 26.58 🔻

$SPX sliced thru 4,600 like a♨️ 🗡️ thru 🧈

🇺🇸 futures trading ↘️ as complacency ↗️

$ES 4614 -0.4%
$NQ 15160 -0.5%
$RTY 2124 -0.3%

$VIX 19.63
all is well 🐫

GOLD and metals trading ↗️ after refusing to sell hard yesterday

$GOLD 1920 +0.4%
$SILVER 24.96 +1.0%
$COPPER 4.77 +0.85%
$PLAT 982 +0.9%
$PALL 2133 +1.0%
$ALI 3515 +2.3%
$ZINC 4108 +2.0%

$GVZ 21.28 🔻

Over the past 30 days, 🛢️ has traded in 40% range. Now, that's some 🌊!

$WTIC 106.11 +1.8%
$BRENT 109.45 +1.6%
$GASO 3.23 +1.6%
$NATGAS 5.367 +0.75%

$OVX 61.48 🔻 but still implying daily moves of 3.85%
Watch 🐫

Grains trying to find terra firma ↔️↗️

$WHEAT 1012 -0.2%
$CORN 731 +0.7%
$SOYB 1645 +0.1%
$SUGAR 19.27 +0.75%

$COFFEE 215.45 +0.2% ☕️

The USD is under pressure for a 2nd day ↘️

$USD 97.957 -0.49% (adding at 97.65)
$EUR 1.114 +0.54%
$GBP 1.313 +0.38%
$AUD 0.751 +0.11%
$USDJPY 121.69 -0.93%
$USDCHF 0.927 -0.5%
$USDCAD 1.248 -0.18%
$USDRUB 84.907 -0.4% 🪆

#cryptocurrecy ↔️

$BTC 47481 -0.2%
$ETH 2408 +0.1%

UST yields ↘️ across the curve 🥞
10/2s to 7 BPS

MOVE 117.92 🔻

2Y 2.298 -0.053
5Y 2.448 -0.039
7Y 2.448 -0.033
10Y 2.369 -0.031
30Y 2.485 0,039

Global 10Ys ↔️
CAN 2.482 -0.034
AUS 2.809 +0.021
JPN 0.221 -0.026
BUND 0.649 +0.008

Admit it: after an 11-day, 11% $SPX 🚀, you've got the #FOMO

Cover your 🩳? 🐫 🗡️🩸
Add to longs? 🐫 🗡️🩸

Month-end mark-up
Quarterly re-balancing
Quarterly #opex

🐫 abound 🎢🌊

Fade your feelings and have a super 💰 profitable day!