Morning Market Notes 05-04-26

Market Calendar

$SPX & $QQQ

Quiet tape into the open — SPY -0.04%, QQQ +0.13%, indices basically pinned. The tell — VIX bid up on the war news.

Light macro day — Factory Orders at 10, Williams on the wire at 12:50. So let's see if they crush vol intraday as usual.

Let's have a sesh.

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