The NDX took the lead today, roaring out of the gate, but all gains made after the first 30 mins were given back by the day's end. It still ended up 1.26%. The RUT was down and the SPX split the difference with a 0.83% gain.
The SKEW again fell to 119 today, while volatility rose. Everything is overbought but still bullish. In fact, bullish signals have triggered for AAPL and FB recently. Gains in these stocks helped the NDX and SPX make gains today.
Tomorrow's FOMC meeting is tomorrow. Volatility could fall dramatically after that event.
