Nomura Explains Why Stocks Are Up The Last 3 Days (& Why That's About To Change)

Original post

The last three days have seen dip-buyers return to the US equity markets after last week’s definite regime-change to rip-sellers.. but now, as Nomura’s Charlie McElligott explains below, that new BTFD regime dead cat bounce may be over.

Like a broken record, McElligott details, the Equities story is once-again about index futs / ETF options Greeks & VIX term structure.

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