Brief Update: Markets are still awaiting word on the Syrian topic. Currently markets are up just like yesterday. Will be interesting to see if this entire move gets faded into the close like we saw yesterday. S&P Futures (ES) are up 7.05 handles at 1639.25 with 1.48MM minis traded. Session high came in at 1644.75, and session low at 1627.75. Oil collapsed into the pit close, down -1.24% at 108.74 (does someone know something?).
VIX up on the day at 16.57 (+.49%). Even with the ES and SPX ramping over 10 handles at one point, VIX premiums held. Traders have yet to dump their hedges, especially with a 3-day weekend coming up, as uncertainty over Syria is still on top of the market.
ES
ES 10-DAY
ES/HYG/TLT/FOREX/GLD
VIX
FOREX
USDJPY 98.2610 EURUSD 1.3244