US equity futures markets have just pushed to fresh overnight lows, with the last leg down seemingly triggered by the CAD recession print. Let's hope Cramer and Cook have another email up their sleeves as weakness in AAPL is notable - down 2.75% in the pre-market. Lastly, we noted US equities are rapidly catching back down to the XIV-implied lows as the last few days bounce evaporates. And then NYSE instigates Rule 48 once again to save the world.
- *NYSE AND NYSE MKT CASH EQUITIES MARKETS WILL INVOKE RULE 48
- *NYSE AMEX/ARCA OPTIONS GRANT TRIPLE-WIDTH OPENING QUOTE RELIEF
- *NYSE AMEX/ARCA OPTIONS OPENING QUOTE RELIEF FOR SEPTEMBER 1
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Ugly...
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AAPL Ugly..
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It appears XIV was on to something after all...
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But XIV is crashing - down 10% now - and below last Monday's crash lows...
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Charts: Bloomberg
