Market Update

It has been a slower, less volatile day than yesterday, but you’ll see some important developments jump out, nonetheless. SP-500 -0.15%, Dow 0% (Transports +0.4%), NASDAQ-100 -0.1%, Small Caps -0.35% VIX (+1.4%) shows a little relative strength today, like yesterday. The 30-day SPX/VIX correlation continues to rise, From +0.26 yesterday to 0.33 today. As a…