Rise and shine Traderade family
Happy Friday and Happy OpEx day!
Mayhem set out the numbers yesterday:
$1.8T is set to roll off (vs $4T in December);
$740B $SPX in the AM
$600B of ETF and SPX in the PM
$380B of single stock in the PM
Markets in risk-off mode following comments from Fed's Mester and Bullard indicating support for more 50 bp rate increases along with hotter-than-expected US PPI.