As The Stock Market Rises, The Foundation Is Cracking
April 17, 2021 at 14:17 PM EDT
It was an uneventful options expiration day on Friday, with the S&P 500 finishing up 35 bps and the QQQ finishing flat. Meanwhile, the VVIX was flat while the VIX fell, and the XBI was smashed again. The market is indeed making little sense.
