Big-Tech Blasts Higher As Dow Slumps To Worst Losing Streak In 15 Months

As long as you only look at small caps and big tech...

Video length: 00:02:44

Since Trump escalated the trade wars last week, futures show the divergence between the Nasdaq and Dow best...

(Click on image to enlarge)

And while Nasdaq and Small Caps surged - on yet another short-squeeze - The Dow struggled to stay green all day...

(Click on image to enlarge)

The Dow is down 7 days in a row - the longest losing streak since March 2017...

(Click on image to enlarge)

Another day, another short-squeeze... (13 of the last 15 days have seen "most shorted" stocks rise)...

(Click on image to enlarge)

This is the biggest short-squeeze in the history of the data...as "most-shorted" stocks have led the recent buying panic...

(Click on image to enlarge)

US Tech stocks continue to diverge from... well... everything...

(Click on image to enlarge)

FANG soared...

(Click on image to enlarge)

Notably outperforming Financials once again...

(Click on image to enlarge)

Treasury yields rose modestly (1-3bps) once again today - back to practically unchanged on the week...

(Click on image to enlarge)

10Y TSY Yield rose today to unchanged on the week...

(Click on image to enlarge)

The Dollar Index traded sideways once again, still taking a breather from the impact of Draghi last week...

(Click on image to enlarge)

Cryptocurrencies managed to bounce back (on Tether headlines) today after Bithumb hack headlines overnight...

(Click on image to enlarge)

WTI managed gains after a big surprise crude inventory draw but PMs and copper lagged...

(Click on image to enlarge)

Gold buys the most platinum ever...

(Click on image to enlarge)

Finally, Exceptional USA leads the world...

(Click on image to enlarge)