Monday, stocks rose slightly in Asia, closed unchanged in Europe, and fell 0.4% in the U.S. on 11B shares traded. The VXO moved up 10% to close at 17.74. The 10-Year U.S. Treasury bond yield rose 2% to close at 1.59. Apple closed below its 130 benchmark. Tuesday, stocks fell 2.2% in Asia, 2.0% in Europe, and 0.9% in the U.S. on 12B shares traded. The VXO jumped up 16% to close at 20.56 and move from the greed to fear range. Wednesday, in Asia stocks fell 0.3%, in Europe, they gained 0.4%, and in the U.S. they fell 1.9% on 12B shares traded. The VXO shot up 27% to close at 26.07. The 10-Year U.S. Treasury bond yield rose 4% to close at 1.70. Precious metals fell 1% and their miners gave up twice that amount. The Dow Jones Industrial Average closed below its 34,000 benchmark and the S&P 500 closed below 4100. What was the catalyst of this sharp move? Investors were spooked by the rise in the consumer price index. Thursday, stocks fell 2.3% in Asia, were little changed in Europe, and gained 0.9% in the U.S. on 12B shares traded. The VXO fell 13% to close at 22.71. The 10-Year U.S. Treasury bond yield fell 2% to close at 1.67. The Dow and S&P closed above their 34,000 and 4100 benchmarks respectively. On the cryptocurrency front, Elon Musk moved the market about 10% lower with his complaint about energy cost of Bitcoin mining. Friday, stocks gained 1.3% in Asia, 1.2% in Europe and 1.4% in the U.S. on 10B shares traded. The VXO fell 19% to close at 18.41 and land back in the greed region again. The 10-Year U.S. Treasury bond yield fell 2% to close at 1.64. Precious metals gained 1% and their miners rose about three times that amount. The headline bad news of the day encouraged buying as stock investors reasoned that the Fed will use the bad news to refrain from removing support to the stock market -- the old bad news is good syndrome.