SPX

No place to hide

Covid proxies Airlines and Hotels -4% but off worst levels of day. peculiar item for day is that 10 year and 30 year yields little changed to a touch lower, Bunds as well

5s30 Yield spread still trending higher no concerns just yet if spread is indicating end to Big Stimulus speculation or to reflation trade.i will be watching to see how this reacts Election night and this week as odds change for Control of senate

new monthly Lows Nasdaq and spoos,both show volume above 5 day Average with 3+ hours left in the trade. Every bounce is sold in Spoos a bit of volatility this close to the election,which according to bespoke investment is something rare.

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