Downside convexity is massive

SPX - waiting for the next direction

SPX is up on the year, but market is basically flat since January 24. No great excitement until we break below 4k or above 4200...

Today's Top Stories

Contact Information+

Assistance and Requests: Contact Us

Tips: tips@zerohedge.com

General: info@zerohedge.com

Legal: legal@zerohedge.com

Advertising: Contact Us

Abuse/Complaints: abuse@zerohedge.com

Suggested Reading+

Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide

It would be very wise of you to study our privacy policy and our (non)policy on conflicts / full disclosure.Here's our Cookie Policy.

How to report offensive comments

Notice on Racial Discrimination.