And now N225 is up 10% after yesterday on what's likely a relief rally. As I said in another thread, buckle up, folks!
(US futs this Tues premarket are up less than .5% so essentially treading water as of now.)

In the June Standpoint commentary for BLNDX, it stated it's biggest winners as:

Biggest Winners
Long U.S. and Japanese equities. Short soybeans, corn, and Japanese yen.

I guess holding Japanese equity will be their biggest loser in the next report. Still, YTD the fund is up 7.6% compared to a couple other notables from another thread, QDSNX at 5.7% and QQMNX at 9.8%. After several years holding BLNDX, I have to admit, QQMNX is a tempting alternative in this alternative field for a less bumpy ride and, so far, excellent returns (+12.1 3Y).

Per a request, this link is added to this thread.
The data shown is an indicative gauge of direction and isn't a monitor of trading in an open and active market. REF: Finviz shows about +5% at midnight for Japan; while the active and open market there is +10% at this time.
FINVIZ futures

This post will get buried very soon. Is it not possible to add FinViz to your opening post?
Thanks

Per a request, this link is added to this thread.
The data shown is an indicative gauge of direction and isn't a monitor of trading in an open and active market. REF: Finviz shows about +5% at midnight for Japan; while the active and open market there is +10% at this time.
FINVIZ futures

Is Fidelity ATP having trouble too?

Outage tracking website Downdetector.com reported that Schwab’s services were down for over 3,400 users, while Fidelity’s issues peaked at over 3,500 reports. Vanguard wasn’t immune either, with nearly 2,500 users reporting outages.

https://www.msn.com/en-us/money/markets/what-happened-with-charles-schwab-what-effect-was-there-on-investments/ar-AA1ogQln

I am now checking out two "Market Neutral" funds, QQMNX and VMNFX, which held up very well and provided some protection during the recent market downturn. New managers have been at the helm of both funds since 2021.

Today, when the US stock market sees the biggest daily loss in nearly two years (S&P = -3%), "Market Neutral" funds QQMNX only lost 0.05% and VMNFX 0.07%.
Both funds also have excellent 3-year total returns (QQMNX = 12.07% and VMNFX = 15.54%), with standard deviations of less than 8.6%, since new management took over.
So far so good.

I now understand the title of this thread!
BLNDX is down 10% from its July 16 peak. SPY lost about 1.5% less. Did someone mention BLNDX is an All Weather fund? More like up the escalator and down the elevator.

"Tonight it's just your money, not your life. Everybody who really loved you a week ago still loves you tonight - and that's a heck of a lot more important than the numbers on a brokerage statement. The robins will sing, the crocuses will bloom, babies will gurgle, and puppies will curl up in your lap and drift happily to sleep even when the stock market goes temporarily insane."
- Louis Rukeyser 10/23/87
Full pithy episode (worth watching - lots of the comments/questions are still relevant today, esp. from John Templeton)
Louis Rukeyser on the 1987 Crash

... and for something lighter, SNL's parody of WSW following Black Monday.

If you choose to walk to the door of the article link, be careful where you step; as there are a lot of loose screws on the floor!
Trump blames Harris for markets downturn.

“Stock markets are crashing, job numbers are terrible, we're heading towards World War III, and we have two of the most incompetent "leaders" in history. This is not good!,” Trump posted in capital letters.

Story, if you're interested in the whole spew.

Per WSJ- hardly a "crash", but certainly a tech correction:
S&P 500 -2.02%
DJIA -1.92%
Technology -4.63%
and! ... DJT -8.56%

DonOLD is already out with a screed blaming the swoon on Harris' candidacy ... and I'm sure he'll be out with a follow-up when the markets roar higher, claiming it's 'anticipation' of his return to power. The overgrown toddler still wants to live in a heads-I-win, tails-you-lose world.
I've not made any stock moves yet today, btw.

Per WSJ- hardly a "crash", but certainly a tech correction:
S&P 500 -2.02%
DJIA -1.92%
Technology -4.63%
and! ... DJT -8.56%

Per WSJ- hardly a "crash", but certainly a tech correction:
S&P 500 -2.02%
DJIA -1.92%
Technology -4.63%
and! ... DJT -8.56%

Per WSJ- hardly a "crash", but certainly a tech correction:
S&P 500 -2.02%
DJIA -1.92%
Technology -4.63%
and! ... DJT -8.56%

No problem getting into Schwab just now. Per WSJ- hardly a "crash", but certainly a tech correction:
S&P 500 -2.02%
DJIA -1.92%
Technology -4.63%
DJT -8.56%

https://www.sec.gov/Archives/edgar/data/1924868/000199937124009530/clia-497_080524.htm
497 1 clia-497_080524.htm SUPPLEMENT DATED AUGUST 5, 2024
Filed pursuant to Rule 497(e)
Registration Nos. 333-264478; 811-23793
Veridien Climate Action ETF (CLIA)
(the “Fund”)
Supplement dated August 5, 2024
to the Summary Prospectus dated November 27, 2023, and to each of the Prospectus and the Statement of Additional Information (“SAI”) dated April 21, 2023, Tidal Investments LLC (“Tidal”), the Fund’s investment adviser, informed the Board of Trustees (the “Board”) of Tidal Trust II of its view that the Fund could not conduct its business and operations in an economically efficient manner over the long term due to the Fund’s inability to attract sufficient investment assets to maintain a competitive operating structure, and recommended the Fund’s closure and liquidation to the Board. The Board determined, after considering Tidal’s recommendation, that it is in the best interests of the Fund and its shareholders to liquidate and terminate the Fund as described below.
In addition, the Fund’s sub-adviser, Veridien Global Investors LLC (the “Sub-Adviser”), is experiencing financial difficulties, which has led to the resignation of the Sub-Adviser’s Chief Investment Officer, who was one of the Fund’s portfolio managers. In light of her resignation, the Adviser and the Sub-Adviser have determined that the Fund’s portfolio could not be effectively managed in accordance with the Fund’s registration statement and, therefore, the Fund’s investment portfolio has been liquidated and transitioned to cash. As a result of these circumstances the Adviser and Sub-Adviser have determined that the liquidation of the Fund is advisable and in the best interests of the Fund and its shareholders.
Resignation of Portfolio Manager
Effective August 2, 2024, Ariane Mahler has resigned from her position as Chief Investment Officer of the Sub-Adviser. Ms. Mahler was also a portfolio manager to the Fund. As such, all references to Ms. Mahler are removed throughout the Summary Prospectus, Prospectus, and SAI.
Liquidation
In preparation for the liquidation, shares of the Fund will cease trading on the NYSE Arca, Inc. (“NYSE”) and will be closed to purchase by investors as of the close of regular trading on the NYSE on August 16, 2024 (the “Closing Date”). The Fund will not accept purchase orders after the Closing Date.
Shareholders may sell their holdings in the Fund prior to the Closing Date and customary brokerage charges may apply to these transactions. However, from August 16, 2024 through August 20, 2024 (the “Liquidation Date”), shareholders may be able to sell their shares only to certain broker-dealers and there is no assurance that there will be a market for the Fund’s shares during this time period. Between the Closing Date and the Liquidation Date, the Fund will be in the process of closing down and liquidating the Fund’s portfolio. This process will result in the Fund increasing its cash holdings and, as a consequence, not tracking its underlying index, which is inconsistent with the Fund’s investment objective and strategy.
On or about the Liquidation Date, the Fund will liquidate its assets and distribute cash pro rata to all shareholders of record who have not previously redeemed or sold their shares, subject to any required withholding. Liquidation proceeds paid to shareholders generally should be treated as received in exchange for shares and will therefore be treated as a taxable event giving rise to a capital gain or loss depending on a shareholder’s tax basis. Shareholders should contact their tax adviser to discuss the income tax consequences of the liquidation. In addition, these payments to shareholders may include distributions of accrued capital gains and dividends. As calculated on the Liquidation Date, the Fund’s net asset value will reflect the costs of closing the Fund. Once the distributions are complete, the Fund will terminate.
* * * * *
For more information, please contact the Fund at (888) 318-0133.
Please retain this Supplement with your Summary Prospectus, Prospectus, and SAI.

Gold’s interesting. GDX was down 5 or 6% in early morning.. Must be lot of fun if you got 30, 40% or more in the stuff. Miners down lot more than the metal today. Yeah. Good old Japan. I remember something like that many moons ago.

CNBC VIX seems more current than that at Yahoo Finance. Anyway, VIX of 62 means expected daily volatility in SP500 = +/- 62/19 = +/- 3.26%. Cryptos are collapsing too - they have high correlation with Nasdaq Comp.
CNBC https://www.cnbc.com/quotes/.VIX
Yahoo Finance https://finance.yahoo.com/quote/^VIX/
Cryptos https://www.cnbc.com/cryptocurrency/

Per WSJ, which to me kind of implies muted panic is in the air this morning...
Investors are piling into bets that the Federal Reserve will respond to signs of weakness in the economy with more aggressive interest-rate cuts.
Futures prices now imply the Fed will cut rates to a range of 4% to 4.25% by year-end, according to CME Group data. That would require 1.25 percentage points in cuts over its meetings in September, November and December.
A larger September rate cut is now expected by a majority of investors. Futures imply a 94.5% chance of a half-percentage point cut at that meeting, up from 74% on Friday and just 11% a week ago, according to CME Group.
A week ago, investors had expected just 0.75 percentage point of cuts this year, or three quarter-point reductions.

For context: N225's biggest move down since 1987 and its 14.9% fall on Black Monday...

Nikkei 225 was down -12.40% overnight. It's now down -25.85% from mid-July high. Global markets are also selling off but not to that extent. VIX has spiked to 52.