NASDAQ

Tyler Durden's picture

4 Charts Show Why This Rally May Become A Rout!





Now that we’re in the classic “crash season,” the situation only looks worse. This season technically started in mid-August, and won’t end until mid-October. This is not to say the chaos won’t continue later on into the end of this year. It just means the worst decline, this first wave down, is likely to come in the next several weeks. So consider this current bounce a gift. The signs are all there that this global bubble is done. Use this time to get out of any passive investments in stocks.

 
Tyler Durden's picture

Why The Rally Just Fizzled: Draghi's "Puff" Was Not Enough





Confused why the blistering rally off the open following Draghi's uber-dovish commentary has completely faded? The following note from BMO's Mark Steele should explain it.

 
Tyler Durden's picture

And The Options Market Breaks (Again)





With Crude ramping, dragging stocks with it (as USDJPY is dead now) but not really gaining much ground, it was only a matter of time before the manipulators turned to their oldest-trick-in-the-book:

*NASDAQ, NYSE EXCHANGES DECLARE SELF-HELP AGAINST CBOE

VIX is gapping lower... Mission Accomplished

 
Tyler Durden's picture

Rigor Mortis Of The Robo-Machines





Call it the rigor mortis of the robo-machines. About 430 days ago the S&P 500 crossed the 1973 mark for the first time - the same point where it settled today. In between there has been endless reflexive thrashing in the trading range highlighted below. As is evident, the stock averages have not “climbed” the proverbial wall of worry; they have jerked and twitched to a series of short-lived new highs, which have now been abandoned. Surely most thinking investors have left the casino by now. So what remains is chart driven trading programs, racing madly up, then down, then back up again - rinsing and repeating with ever more furious intensity.

 
Tyler Durden's picture

Frontrunning: September 1





  • Charting the Market: New Month, Same China (BBG)
  • China jitters send stocks tumbling (Reuters)
  • Oil falls on weak China factory data (Reuters)
  • Euro zone factory growth eases in August despite modest price rises (Reuters)
  • Euro-Area Joblessness Falls to Lowest Level Since Early 2012 (BBG)
  • Clinton friend advised on U.S. politics, foreign policy (Reuters)
  • Korea exports slump as Asia's woes deepen (Reuters)
 
GoldCore's picture

Gold Up 3.5% In August, Stocks Fall 6% to 12%





Gold rose 3.5% in August as stocks globally saw sharp falls on growing concerns about the Chinese and the global economy.  

 
Tyler Durden's picture

US Futures Tumble After Latest Abysmal Chinese Economic Data, Crude Surge Stalls





Just like the last time when Chinese flash PMI data came out at the lowest level since the financial crisis, so overnight when both the official Chinese manufacturing and service PMI data, as well as the Caixin final PMI,s confirmed China's economy has not only ground to a halt but is now contracting with the official manufacturing data the lowest in 3 years and the first contraction in 6 months, stocks around the globe tumbled on concerns another major devaluation round by the PBOC is just around the corner with the drop led by the Shanghai Composite which plunged as much as 4% before, the cavalry arrived and bought every piece of SSE 50 index of China's biggest companies  it could find, and in a rerun of yestterday sent it to a green close, with the SHCOMP closing just -1.23% in the red. So much for the "no interventions" myth. We wonder which journalist will take the blame for today's rout.

 
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