Stocks Stumble But VIX Breaks Another Record

This...

Video length: 00:04:05

It has now been 12 days in a row that VIX has closed below 11...

(Click on image to enlarge)

An all-time record streak of stock market complacency...

(Click on image to enlarge)

A chaotic day in VIX trading as every effort was made to defend Dow 21,000... (NOTE the plunge in VIX around 1325ET which appeared to have no news catalyst - just a run to 10.01) - worst day for Dow since April 19th...

(Click on image to enlarge)

Late-day weakness in stocks was due to North Korea headlines (Stocks once again rallied off the European close; the tumble around 1325 seemed to have no news catalyst - Fed's Rosengren was speaking around that time - but seemed more technical)... Buy-The-Fucking-North-Korean-Ashes-Dip!!

(Click on image to enlarge)

Treasury yields ended the day modestly higher after rising rose once again across the curve in the EUR session...(but note the bid as North Korean headlines hit)

(Click on image to enlarge)

With 10Y and 30Y yields back above their 50DMA and 30Y yields at 7-week highs...

(Click on image to enlarge)

FX markets were a little chaotic today... AUD dumped overnight, then JPY (after dismal wage data), and then EUR...

(Click on image to enlarge)

The Dollar Index surged to 1-month highs - erasing Trump's "dollar too strong" weakness...

(Click on image to enlarge)

EURUSD extended its post-Macron losses - to 2-week lows...

(Click on image to enlarge)

WTI and RBOB sank on the day - ahead of tonight's API inventories data...

(Click on image to enlarge)

And as the dollar surges, gold is offered but Bitcoin is exploding...

(Click on image to enlarge)

Once again, spot gold was monkey-hammered lower into the London Fix...

(Click on image to enlarge)

Silver is down 15 of the last 16 days (the one up day was an extremely marginal gain)...

(Click on image to enlarge)

Oh, and finally, fun-durr-mentals...

(Click on image to enlarge)