VIX is suddenly spiking higher (back above 10) and stocks lower - amid no obvious catalyst...

Nasdaq is tumbling...

As Dow Transports suffer their second biggest drop in 10 months...

And FANG Stocks dive...

NFLX and GOOGL are the big laggards today/this week...

We note that Bloomberg reported earlier that gains for Facebook and Amazon.com account for about two-thirds of the S&P 500’s 5 point gain.

Do Algos read Howard Marks?