Hedge funds blowing up, credit spreads widening, SPX below 50-day MA. Just what the doctor ordered to put some volatility back in the market. Like I prevously stated, all the sideline cash is in, so there should be less support and more time in this correction than the last 3 or 4 we have seen over the past 2 years. My guess is a nice downdraft occurs after the Fed meeting. Hey, they need someone to blame it on.
Hearing a huge 4-way trade in NBA. Does it really matter?