Here we are again. Equity futures up a fraction of a percent, just like always. Gee, it looked the market was actually getting interesting there for a little while, but the VIX tells the tale: it’s a dull grindfest, with no fear to be seen.
The small caps, by way of the /RTY futures, are the only ones looking droopy this morning.
The /NQ got a sudden lift, thanks to an explosive move by META. What was the news? That they were going to slash spending on their failed Metaverse attempts. No new products. No new profits. Just………wasting less money.
Oh, and speaking of META, here’s one clip worth seeing. For the one or two of you curious about THE TALE from thie summer, yeah, this is directly related.
