Baahhhhh...

Video length: 00:00:59

The day started off with the 4th down day in a row for Japanese stocks...the biggest drop since April.

(Click on image to enlarge)

It was quite a day for a few key assets...

GE collapsed...

(Click on image to enlarge)

Chipotle crashed then ripped back...

(Click on image to enlarge)

EM Debt has been pummeled...

(Click on image to enlarge)

Biotechs puked...

(Click on image to enlarge)

Bitcoin was battered then bounced...

(Click on image to enlarge)

And then there's Roku... $18.42 to $47.49 in 3 days...

(Click on image to enlarge)

But none of that matters silly - the Dow was green

(Click on image to enlarge)

VIX ended higher on the day but was clubbed like a baby seal at the US open...

(Click on image to enlarge)

Small Caps lagged but are glued to their 50DMA...

(Click on image to enlarge)

Futures show the ramp at the US equity open...

(Click on image to enlarge)

Thanks to an epic rip at the open in USD/JPY...

(Click on image to enlarge)

JNK (HY Bond ETF) has seen outflows for 5 days straight with Friday among the biggest outflows on record... (HYG has seen outflows on 10 of the last 12 days)

(Click on image to enlarge)

And HY remains entirely decoupled from stocks...

(Click on image to enlarge)

HYG held at its lows...

(Click on image to enlarge)

Treasury yields were mixed with the long-end outperforming (30Y -1.5bps) and the short-end weak (2Y +3bps)...

(Click on image to enlarge)

10Y ramped back to the 2.40% Maginot Line...

(Click on image to enlarge)

With a reversion to the flattening trend...

(Click on image to enlarge)

The Dollar Index rebounded modestly today but was trendless...

(Click on image to enlarge)

Crude flatlined on the day but copper and silver saw a panic-buying algo strike around 0830ET

(Click on image to enlarge)

Gold never jumped on Silver's surge...

(Click on image to enlarge)

And Copper's outperformance continues to signal 3.00% 10Y yield...

(Click on image to enlarge)