Stocks Are Suddenly Tanking... Again

Tough to pin a catalyst in this flush - which has pushed S&P red and Nasdaq down hard - but a combination of NVDA's drop, TSLA's tumble, 5Y auction tail, and FB comments, seems to be stalling the bounce.

 

Or perhaps stocks are catching down to bonds...

 

However, the S&P perfectly tagged unchanged for 2018 before tanking...

 

As VIX spikes (and remains inverted)