Nothing to see here...
While the headlines will be about stocks double-down-days, the most notable moves were in gold, bonds, and USDJPY - Is bad news bad news again?
Notably, since the September FOMC meeting "disappointment" there is a clear winner (and clear loser)...
Of course WMT's carnage was the biggest news...
Which weighed heavily on the major indices (though obviously not Trannies)..
Leaving everything red for the week...
A close-up on WMT shows just how insane the move was and the massive volume...
Treasury yields tumbled the most in a month (10Y back below 2.00%)...
Interestingly 5s30s curve steepened to 12-month highs...
FX markets saw major turmoil as The USD Index death cross contoinues to weigh (with USDJPY tumbling)...
Commodities rose on the USD weakness (aside from crude which - aside from some opening shenangigans - was deadstick)...
As Gold broke to 4 month highs, breaking green YTD and above the 200DMA - this is the 8th up day in the last 9...
Charts: Bloomberg
Bonus Chart: Peak Farce?
I don't have to make anything up anymore. pic.twitter.com/udLGZx3xTy [17]
— Rudolf E. Havenstein (@RudyHavenstein) October 14, 2015 [18]











