After a few hours of trade today the market looked on the precipice of that long awaited market crash.  The action looked rather foreboding.

$AAPL, the largest company in the world by market cap, was getting juiced.  In between each short lived bounce was a crushing spike lower.    Bonds were in rally mode and  the VIX even decided to participate today.  An early shrug of the shoulders for the VIX in the morning turned into a rally that continued after the lunch time hour.

But then, the story came to the same ending it always does.... late in the day stocks reversed course and closed Off The Lows (OTL).

The late day rally turned the dull Consumer Staples ETF into a momentum stock.  It seems Pepto Bismol, Tissues, and Toilet Bowl Cleaner are in high demand when the largest company in the world by market cap drops 3%.