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S&P 500 fell 4% and Nasdaq dropped 5.8% as rotation turned into broader liquidation. Craig Shapiro called it an alpha unwind and beta faceplant. VIX hit 26.5, w
BWB News TV • 2026-11-05 19:37 UTC • By Billy Odell Tucker-Robinson
S&P 500 fell 4% and Nasdaq dropped 5.8% as rotation turned into broader liquidation. Craig Shapiro called it an alpha unwind and beta faceplant. VIX hit 26.5, while implied correlation fell from 113 to 20.
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