The
@neilksethi
account was suspended by X for posting some BoA charts. I'm trying to sort that out but don't have high hopes. So, I am restarting with this account. If you could follow and repost, I would appreciate it, so people know where to find me now. cc:
@C_Barraud
All finished lower for the week, but Friday's gains cut that to just around -0.7% for the Nasdaq and SPX. DJIA lost twice that at -1.6%, while the RUT's weak Wed-Fri performance saw it -2.4%.
If the equity moves today seem a little outsized, one reason may be according to Tier1Alpha gamma flipped negative yesterday meaning market makers are chasing moves rather than dampening them.
For a second day green didn't enter the picture for US equity indices which opened lower and never made much upward progress (although losses were perhaps less than you'd expect with yields continuing to shoot higher). RUT again led -1%, SPX, Nasdaq, DJIA all ~-0.6%