MARKET DAILY

Market 07/20: VIX OpEx risk becomes reality, fear emerges on NASDAQ block

Netflix, Tesla drop after ER. Commercial real estate crisis continues in Baltimore

Warning article on market risk from yesterday's VIX OpEx:

Warning on VIX OpEx 07/19

Unrevised initial jobless claims highest since 01/2023

Headline initial claims drop to 228,000 from 237,000 last week but unrevised actual data at 258,000 - highest since the beginning of the year.

Continuing claims rise slightly from 1.721 to 1.754 million:

Labor market overall still shows no signs of cracking.

Commercial real estate crisis continues in Baltimore with second office building handed over at 69% loss

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