Averages off their lows as S&P comes dangerously close to 700 at 708, off 3.5%. Could we get a bounce at 700?
Oil off a whopping 10%.
GE under $8/share.
Tech made a run of it earlier but was overwhelmed.
Sold my TWM inverse ETF at $97 and watched it go to $100.
Inflation is supposed to be benign but TIP is up almost 1%. Treasury Inflation Protected bonds usually trade with inflation reports. With most commodities down TIPs are being bid up with all Treasuries.