Last Thursday we got a 'glimpse'...
Is today another?
No FedSpeak. No Macro. No major geopol issues.
But, stocks suddenly puked...
Led my MAG7 stocks...
Source: Bloomberg
Notably, 0-DTE traders were buying puts aggressively out of the gate...
Source: SpotGamma
As Crypto was slammed...
Source: Bloomberg
Oil prices tumbled...
Source: Bloomberg
All as Treasury yields actually fell...
Source: Bloomberg
... and rate-cut expectations rose...
Source: Bloomberg
Anxiety ahead of tomorrow's CPI?
