WHAT SAY YOU HANK?

The man from Goldman is not getting the warmest of greetings as the markets open lower, way lower, as the internals show 2,30 more losing stocks than winning ones. The small caps are taking the worst of the selling with the IWM lower by 1.3%. The other major market indexes are all down between 3/4% and 1% and the only distinct winners are oils and metals. Note the VIX back up over 16.3 and back over the 10 day SMA level. The 10 year Bond is back up over 5.07% so a bit of a head wind for equities.