SPX > $5,000

1:41 p.m. ET The S&P made a run at $5,000 earlier and didn’t make it, but now it’s trading just above the level as VIX is getting slammed. SPX (1m) VIX (2m) And VIX’s relative weakness in perspective. HY Credit (HYG +0.5%) is also constructive intraday, leading higher (relative basis) as yields are benign and…