Markets Tread Water

Monday, stocks fell 0.9% in Asia, rose 0.3% in Europe, and gained 0.4% in the U.S. on 11B shares traded. The VIX fell 8% to close at 19.37. Precious metals miners gained 2%.

Tuesday, stocks were little changed in Asia were unchanged in Europe but fell 0.8% in the U.S. on 10B shares traded. 

Wednesday, stocks fell 0.8% in Asia and 0.7% in Europe but gained 0.8% in the U.S. on 10B shares traded. The VIX fell 7% to close at 18.18. The 10-Year U.S. Treasury bond yield rose 2% to close at 1.30. 

Thursday, stocks fell 0.8% in Asia but gained 0.4% in Europe, and 0.3% in the U.S. on 10B shares traded. The 10-Year U.S. Treasury bond yield rose 2% to close at 1.33. Precious metals lost 2% and their miners gave up twice that amount.  

Friday, stocks gained 0.4% in Asia, lost 0.9% in Europe, and fell 0.7% in the U.S. on 16B shares traded as it was a quad witching day. The VIX moved up 11% to close at 20.81 and transition from the greed to fear region. The 10-Year U.S. Treasury bond yield rose 3% to close at 1.37. Precious metals fell 1%.