Quiet macro day with Durable Goods Orders looking like a beat - but only because of sizable downward revisions - as orders and shipments are actually down on a YoY basis. {chart} But stocks were messy with an opening bid immediately squelched and post-EU-close ramp faded into the US close. Small Caps were the day's laggard as Nasdaq outperformed while The Dow and S&P desperately tried to get green... {chart} Nasdaq and The Dow got back above their 100DMAs while Small Caps cannot hold above theirs... {chart} Goldman's Chris Hussey pointed out that, despite an uptick in rates today (yields on 10-year Treasuries are up ... (full story)