Will the Snap Back Market Rally Hold?
Index and Sector Updates--
--finished the week higher
--volatility structure - leaves us in limbo
--Bond buyers
--Dollar hedge
--hedge that shifted the markets
--Assessment-markets priced in Ukrainian conflict
Pricing Pressure Moving Forward--
--Hawkish FED tone
--more inflationary data
--hedges largely removed
--financials vulnerable
SPX Expected Move --
--last week -- 121.28 (four day trading week)
--next week-- 126.21 (expected move)
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