After the overnight dip on the back of a bloodbath in China...
This was the scene as the stock market opened in America...
As the biggest 2-week short-squeeze in 9 months continues...
Futures show the exuberance yesterday and the China let-down overnight - followed by dip-buyer delight during the shortened US Session...
Trannies were the biggest winners on the day as The Dow struiggled with unch...
But on the week - aside from the idiocy of the World War 3 dip and rip - the market was very narrowly traded on no volume...
Small Caps up 5 days in a row for first time since March...
It appears not everyone in the market is paying attention to Ms. Yellen...
The US Dollar rose modestly on the week driven today by some serious shocks in Swissy as chatter of a devaluation hit a thin market...
Treasury yields ended the week lower and flatter with 2Y unch and 10s to 30s down 2-4bps... (bonds havent closed yet)
Even crude gave back its gain today as the entire commodity complex was slammed...
Charts: Bloomberg












