Anyone else feels like this?

Video length: 00:01:26

Stocks dipped hard out of the gate - filling the gap to the first round of the French Election...

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But the dip-buyers were instantly in... though unable to save markets into the green...Small Caps worst

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VIX tagged 11.00 briefly...

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But closed below it for a record 14th day in a row...

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VIX remains notably decoupled from policy uncertainty...

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Financials were the day's worst performer...

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The Big Banks were hit hard in the sell-off...

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And of course, why should VIX be higher? After all Macy's just had its worst day since Lehman...

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And then there's SNAP...

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Despite a dismal 30Y auction (following yesterday's ugly 10Y auction), bonds held on to gains today...30Y remains above 3.00%

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The Dollar Index fell for the second day, but we note EUR is weakest on the week against the USD...

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Cable tumbled on Carney's comments...

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Oh and in case you wondered what drove the buying panic? Simple - fun-durr-mentals...

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Finally, fear has been banished...

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