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Stocks Fade Ahead Of US Payrolls As Bonds, Oil Convinced Hard-Landing Is Inevitable
After two days of tech-led turmoil, the market was decidedly calmer today, with the S&P opening flat, rising, falling and then set to close modestly red on the day... chart ... as it tracked the 0DTE delta flow almost tick for tick, as it peaked around 10:30am ET, then slumped and failed a second attempt at breaking out... chart ... while both the VIX and VVIX faded attempts to break out and faded, letting the VIX closed below 20 for the first time this week. chart As Goldman's trading desk notes, it appears the market is now in wait-and-see mode ahead of tomorrow's critical payrolls report, following a busy ... (full story)
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- Posted: Sep 5, 2024 9:35pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 4,654
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