#Market Today we are down less than 1%, which in 2018 is notable. VIX not up much, and UVXY and VXX could barely be considered to be spiking, given the huge drop they saw in the last week. UVXY had been at 20 for a couple weeks, then a quick drop to 15, and barely up today.

Meantime, SPX could barely get above 2700. Is this the new normal? Consolidating indices all year and volatility drifts downward as we get used to it?