Dramatic Selling Creates These Opportunities

Market Update--
--SPX EM - it is getting REAL out there
--correlation made a comeback
--volatility explodes back on the scene
--volume in SPUZ incredibly light
--FED officially against the markets

Pricing Pressures Moving Forward
--Tech earnings may take a back seat to present volatility
--GOOGL, NVDA serious technical breaks
--MSFT, FB on the edge
--Can Bonds rally?
--packed event calendar

Positions--
--option premiums and back month skew have exploded
--shorting stronger sectors
--game face on for Monday... it's serious now...

SPX Expected Move--
--last week-- 98.06 (expected move)
--next week-- 134.17 (expected move)

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