Another Dead-Cat-Bounce Dies - Stocks Tumble Below Yesterday's Lows

XIV's ramp into the open offered some hope, but just like yesterday, that hope is gone as stocks tumble back into the red and below yesterday's lows...

XIV is fading...

Rate spiked back above 2.85%...

 

And so stocks faded back into the red...

 

Futures show the same trend yesterday...