US equities see a collapse wave.. from a new historic high of sp'2074 to 2064. Clearly, the end is nigh.. yes? Meanwhile... VIX is unable to even hold the 13s. Oil remains very weak ahead of the Thursday OPEC meeting, -1.7%.
*broader downside target for Oil remains $65/60. Even the Cramer was touting $40s this morning. Has he been watching Carboni videos.. or just copying me?
It sure is quiet out there.... and other than a few individual stocks on the move (namely, NFLX, and Oil/gas drillers).. there is little to add.
VIX update from Mr T.
For those especially bored...
In the land of fire and ice...
time for tea... back at 2pm.