Posted by on July 27, 2017 4:41 pm
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Categories: Business Economy Economy of New York City Economy of the United States Finance Hospitality Howard Marks Mathematical finance money NASDAQ S&P 500 S&P 500 Index stock stock market Stock market crashes Technical Analysis Transports VIX

VIX is suddenly spiking higher (back above 10) and stocks lower – amid no obvious catalyst…

Nasdaq is tumbling…

As Dow Transports suffer their second biggest drop in 10 months…

And FANG Stocks dive…

NFLX and GOOGL are the big laggards today/this week…

We note that Bloomberg reported earlier that gains for Facebook and Amazon.com account for about two-thirds of the S&P 500’s 5 point gain.

Do Algos read Howard Marks?

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