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When the market goes down, I look at two things: Spalanzani

12:05 PM ET Fri, 29 April 2016

John Spallanzani, GFI Group, discusses hedge fund closing, and the current trading action in the market in the middle of earnings season. He keeps an eye on the VIX, or the CBOE Volatility Index, and the HYG, or the iBoxx High Yield Corporate Bond ETF.