It's Friday... which can mean only one thing., The entirely unrigged (but ridiculously ubiquitous) meltdown in VIX starting at 330ET to ensure whatever momentum ignition is left will get flushed higher and ensure higher highs in stocks... These are your "markets"... (just as we predicted this morning) [3]
[4]
The only thing we note is - it appears the beta is running lower on the ignition.
Whocouldanode?
In other news, there have been no material geopolitical updates, which added with the fact that it is Friday, means there will be a now traditional VIX slam into the last minutes of trading to close stocks out at the day's, and a new record, highs.
And if that wasn't enough...
Bonus Chart: Oh no, this market is not over-levered and all about options manipulation at all... here is AAPL's close...
[5]
