Kudos to MMs

With that 5 handle edge? now 12 handles against ya, what's plan B?

 

"NFV" ~1071. ES -30 and hovering right at 1042. Imo this is a must buy here pre-market. I could be a little early, so manage risk.

 

"NFV" went out at 1090.94. SPX at 1074.03, so there is still decent edge having a long bias.

 

who/what is mm?

 

MM = market maker

 

MM = money maker

 

Also true.

 

Market Maker.

In retrospect, I am not convinced it was MMs at all. It was probably the US government behind the buying.

 

Nearly 100% convergence. NFV 1083.27, SPX $1082.46.