At cash close, S&P Futures (ES) are up 8.75 handles at 1847.75 with very low volume of 1.2MM contracts. Bonds sold of yet again today, with the yield on the 10Y briefly climbing back above 2.9%. VIX was surprisingly resilient despite a over 10 handle move in SPX. At close, VIX finished the day literally unchanged, but, VIX Futures across the curve did move slightly higher.
And to continue with the the daily “recovery” bullshit, here comes JCP laying off 2,000 workers.
ES
ES 10-DAY
ES vs VIX
VIX
FOREX
USDJPY 104.60
EURUSD 1.3604
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