Quite possibly. The jobs report Friday, whether good or bad, should cause macro uncertainty.
ECB meets tomorrow. May be a factor, as Europe is struggling.
The EURO has slid down a bit today. Tomorrow if the ECB lowers interest rates, it swooshes down? Yes, that would affect our markets bigtime.
It will only help VXX if it's bad. Very, very bad. The decay on this junk is powerful. Don't be fooled by the 26 prints last week that is long gone forever.
Everyone knows only the middle east and europe have volatility, nothing happens here except snow storms....yaaahn.