The mkt is taking this beyond well considering the AI central banker has just been expurgated, the entire circular debt/deal stuff should be shaken with the permabid out the door
$SNDK the bearish cacophony this weekend is deafening. I HEAR YOU, it's so over now. But, how about this stat- that doesn't involve a 2.7 SNDK p/e that everyone will tell you you're an idiot to look at. Backlog is basically the entire market cap:
As stocks sell off into the close, the $VIX front month futures (expiring in 1 1/2 weeks) are down, the second month is down, while the balance of the curve — months 3-9 with expirations from January through July — are all higher than yesterday!