The small-cap Russell 2000 is down over 10% from its July highs (down 6.2% year-to-date) as VIX is back over 17. Treasury yields continue to collapse (down 8-9bps today alone) with 10Y trading with a 2.40% handle (and 3Y under 1% again). All other major equity indices are also red from the Russell 2000 peak in July and have broken various key technical levels today - S&P below 100DMA, Dow Industrials below 100DMA, Dow Transports At 100DMA, and Nasdaq broken well below its 50DMA. Russell is back at levels first seen a year ago.
Once again post EU Close - Silver, Crude and stocks tumbled in sync...
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Russell in correction...
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Other major equity indices breaking key technicals...
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Financials continue to catch down to credit...
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and Treasury Yields are collapsing....
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An odd reaction by bonds which "are in a bubble" and stocks which "aren't"
