3 p.m., keep your eye on the VIX

Last Wednesday there was an odd lot algo running, placing thousands of 1 share trades in TVIX, this was allowing them to gum up the system and hammer the VIX, it was not running Thursday.

I do see some negative intraday divegrences in TVIX and VXX so keep an eye out for the typical 3 p.m. VIX Whack-a-mole.

I'll have an update out shortly, the market has some short term divergences, they'd need help from a VIX hammering and likely HYG as well (up), they are quite weak, but I'll try to get those out for you to see.