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Is 4th Time The Charm For Stocks Today?

With S&P futures liquidity at near record lows (but what about the HFT liquidity-providers?), it seems the major stock indices are extremely sensitive to any and every headline or JPY twitch. For the 4th time today (and Nth time this week), stocks have decoupled higher from a less exuberant bond market... every other time, stocks have recooupled lower... Fool me once, shame on you... Fool me 4 times, I am Gartman...

 

Liquidity remains non-existent...

 

Update on the eMini Liquidity situation

pic.twitter.com/hHACxQEUaC

— Eric Scott Hunsader (@nanexllc)

 

And stocks keep jerking higher in the hopes of starting something that bonds will finish...