Toto.

Well good news! It looks like that last-minute panic bid on Friday had some legs, goddammit. I don't know what you want to make of Monday's action. I'd be inclined to say it's still difficult to sort through the noise, but then again, it was green pretty much all day today as opposed to the wild swings we saw on Friday. No stick save catalyzed by a rumor about the end of CTA/risk parity selling was necessary. As Bloomberg notes, "nearly 90% of S&P 500 stocks rallied after 82% of stocks in