The movement of the S&P 500 stock price (candlestick chart) and its skew (blue), as well as the VIX (brown) and VVIX (yellow), can be represented on one sheet on the free version TV. The value of VIX (brown), which rises in case of a stock market crash, has hardly changed, but the skew value (blue) that rises when there is an increase in far put options (profit from a significant drop in stock prices) on S&P 500 options, and the value of VVIX (yellow) that rises when there is an increase in far call options (profit from a significant increase in VIX) on VIX options, both have increased. The current skew (blue) value is 148.83, exceeding the 140 threshold, which is an indicator of black swan event risk. In the absence of information on changes in US bond interest rates, is it due to caution towards today's unemployment rate announcement at 21:30? What is the cause of the decline in the dollar index since last night? It would be good if it turns out to be needless worry and, literally, "changes quickly", as the saying goes... For your reference.
<About SKEW and VVIX>
On July 12th at 02:00, it seems that moomoo Securities will be broadcasting an exclusive webinar hosted by the CBOE Options Institute. You can make a viewing reservation from within the app's videos.

If Tesla's stock (yellow) saturates and Nvidia's stock (red) begins to rise again, can we interpret that the doubts of S&P 500 large option investors have decreased, leading to a decrease in the VVIX value (purple, VIX of VIX)? Will the fund flow of the adjustment rotation return steadily to Nvidia?

Before 4/11, the stock market in the United States had different market fluctuations for each stock, but after 4/12, it became synchronized market fluctuations, which I found puzzling. Prices rose in unison after the CPI announcement, and they fell in unison just before the headline on geopolitical risks.
World billionaires who own massive assets may know what will happen next. They might be busy with ETF risk-on/risk-off maneuvers and transitioning asset management strategies (stocks to U.S. bonds).
====Bonus====
I will also add to the mystery of Japanese stocks. Since the dollar-yen rose after the CPI announcement, I thought that the next day, automobile stocks, strong in exports, would skyrocket, and real estate stocks for domestic demand would fall. However, the opposite actually happened.
Real estate stocks: skyrocketing
Automobile stocks: stagnation to decline.
It seemed like something similar to the thoughts of the world's billionaires was being hinted at, so it's for reference.
I apologize if it was just a misunderstanding.
Please determine and make decisions at your own responsibility.

Wage increases are just one necessary condition for the domestic economic recovery, and the Bank of Japan's interest rate hikes should be carried out in a timely and appropriate manner to control inflation after confirming the domestic economic growth. Conversely, if the interest rate is raised first, I think the Japanese economy will fall into stagflation, with rising prices, economic stagnation, and low stock prices. I pray and believe that the Bank of Japan will never make a wrong decision.

I'm also concerned about recent trend changes where US and European government bonds are being bought and Japanese government bonds are sold.