Golden Crosses, Tech Wrecks, & Confidence Crumbles

Investors clung to the positivity of The Dow today, ignoring the recessionary indications from sentiment indicators, tumble in earnings expectations, Nasdaq slump, and bod for safe-haven bonds and bullion... remember again "The Dow was green... Don't forget the FOMC 'Drift'"...

China tech stocks tumbled overnight as Huawei headlines rippled through Asian suppliers...

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European stocks rebounded with UK's FTSE leading (closed before all the amendments were voted on)

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US markets were very mixed with The Dow positively diverging from Nasdaq at the cash open, then all tumbling together into the European close...

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The Dow desperately clung to green into the close as Small Caps, S&P and Nasdaq all ended red...Trannies outperformed

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It appears for now that the squeeze has run out of ammo...

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CAT rebounded modestly from yesterday's ugliness but NVDA did not...

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Credit spreads compressed today but VIX was flat...

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Bonds were bid today safe-havens rallied on Nasdaq weakness. Notably, the long-end continues to underperform...

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The 16th day in a row that 10Y Yields have traded with a 2.7x% handle...

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For the second day in a row, the dollar trod water in a very narrow range...

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Cable chopped around (in a surprisingly small range) amid various Brexit headlines then dumped after MPs rejected the Brexit delay amendment...

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Offshore Yuan found resistance/support at its 200DMA...

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Cryptos dropped and popped on the day but remain lower on the week...

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Crude (ahead of API inventory data) and Copper rebounded today and PMs rallied...

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