Chatter of a commodity fund liquidation did nothing to help what everyone hoped would be an excited dip-buying opportunity in stocks today...China stocks extended Monday's buying panic with CHINEXT now up over 5% in two days...European stocks were higher on the day (though markets closed a long time before the Italian budget headlines hit)...Quite a significant China outperformance in the last week...With everyone primed for a bounce (pre-market futures signaled it after China's exuberance and trade headlines), it didn't happen...Trannies managed to get back to even on the week briefly before fading fast after Europe ... (full story)