BigTrends

Lots of data, end of month/quarter on Tuesday and a short week to boot.  As we mentioned last week there was little movement expected as the low VIX was portraying this picture.  Friday's range was the smallest we've seen in a very long time, the move from high/low was less than 1%.  Volatility is deflated and could be showing high complacency.  Jobs data are on the radar Wed/Thurs with ADP then jobless claims and unemployment number.  We could see a decent one again just based on adjustments.   Other economic data will trickle in but I suspect the big moves won't happen this coming week.

 Keeping it lite and looking for new opportunities.