A Red Russell...
Apologies for being out of pocket - it's my daughter's birthday... Just an update
Good afternoon:
Our Russell math has turned negative… did so in the last two hours of trading today.
I think this market is looking at a combination of rate hikes in Japan… and year-end tax harvesting ahead of Third Friday (Triple Witching) next week. As a reminder, we’ll see a record level of options expiration next week, and some funds are getting out…
