ADP weakest in 4 years, Factory Orders 22nd straight month of annual declines, Services PMI employment at 2010 lows,... ISM Services (survey) biggest jump in history...  priceless.

The Biggest jump in ISM Services ever (a 6 sigma beat)...

Buy it! Just buy it, stupid! 

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On no volume... (not that we dropped to VWAP into the close) 

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VIX and S&P traded in a very narrow range... with a false breakout.

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But a late-day sell-off back to VWAP spoiled the party... 

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Pushing Dow, Small Caps back into the red along with S&P on the week... 

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Treasury yields rose once again... 2-3bps across the curve 

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The USD Index ended the day unch despite ongoing weakness in Yen and cable (and a brief bounce around the ISM data)... 

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As rate hikes rose... 

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Commodities were all higher on the day with gold and silver rebounding and crude surging on DOE data... 

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Silver (and gold) rebounded after news of the precious metals manipulation lawsuit hit... (gold bounced off its 200DMA) 

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Oil prices tried twice to tag $50... and failed... 

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And while US HY Energy credit risk has collapsed to 2-year lows, Oil risk remains decoupled... 

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Charts: Bloomberg