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SPY - Market Volatility Bulletin: Long Vol Has Some Support Here But VIX9D Takes A Tempered Stance On Run-Up
SPDR S&P 500
Get ready for another interesting day, folks! USO collapsing? It's a high-volume ETP with 100MM shares of average daily volume over the last three months.
US stocks (SPY, DIA, QQQ, IWM) are set for a lower open. Spot VIX is tracking up into the high forties. Both Asian (AAXJ, EWJ) and European bourses (VGK, EWG, EWU) have headed into retreat mode, with major indexes down between one and four percent in Tuesday trade.