UPDATE: Here's what happened after IBM...
[7]
And VIX was the driver of the initial ramp...
[8]
* * *
After last night's China GDP (good news - it beat, bad news - worst in 6 years), today's uninspired and volumeless trading suggests the world's traders were like this today...
* * *
"You get to lose weight.. and you get to lose weight... you all get to lose weight..."
Shorts shafted after Oprah goblles up weightwatchers stock...Up 110% today (thanks to 57% Short Interest!)
[9]
And Hillary unleashed herself on Biotechs (and failed)...
[10]
Gold & Bonds remain the biggest winners since The Fed folded in September...
[11]
Stocks largely meandered around unchanged in a small range all day - until panic-buying after the NYMEX Close (230pmET) sent evverything to the highs of the day...
[12]
Cash indices were despertaley pushed into the green a number of times today...
[13]
VIX was clubbed back to pre-China Devaluation levels (and a 14 handle) because everythinmg must be awesome...
[14]
Treasury yields moved higher as usual through the US open, then rallied back to unchanged tioi 2bps lower on the day...
[15]
The Dollar surged against Asian/EM FX for the second day... as Fed fears over China growth are dissipated and thus USD strengthens (hhmm)
[16]
And gained against the majors with CAD and SEK weakness the biggest drivers...
[17]
Between USD strength and China weakness, commodities were not happy (especially crude and copper)...
[18]
With Crude crumbling back below $46 (in Nov futures)
[19]
Charts: Bloomberg