Then markets were also spooked at around 1400ET when the Biden Admin confirmed they are likely to proceed with Trump's China investment ban... but the last hour saw yet another ubiquitous panic bid into the close. Somebody really wanted these markets higher...

The Dow was the day's big winner; Small Caps the laggard...

The S&P broke back above Yellen's ledge...

Small Caps are below their 50DMA...

Nasdaq is glued to its 50DMA...

"Most Shorted" Stocks were slammed...

The dash-for-trash appears to be over as unprofitable tech tumbled...