Stocks Slump To Tepper's Latest "Balls To The Wall" High

Tyler Durden's picture

Following our most recent discussion of David Tepper's apparently 'now' bearish bias to financials (based on his $400mm BWIC), it appears that his latest "balls to the wall" thesis is not playing out so well. The S&P 500 just touched the key 1491.50 'Tepper Balls'-Day highs... meanwhile VIX has jumped by the most this year from Friday's lows...



Note - all the dotted green arrows are EXACTLY the same size and velocity!! coincidence?


Chart: Bloomberg

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DoChenRollingBearing's picture

Stocks slumped because Barron's just said they would continue to run!

See the Cover!

FL_Conservative's picture

-18 pts for the S&P and -12 for RUT?   OMG.....the world is ending!!!!  Please Mr. Chairman!!!   SAVE US ALL!!!!!

Divided States of America's picture

One down (Egan Jones), One to go (S&P)

DOJ sues S&P for not predicting the full extent of the 2008 financial crisis. Maybe they should also go after Fed Chairman Bernanke who said the subprime mortgage is 'well contained' and 'will not pose a threat to the economy'.



Hippocratic Oaf's picture

Fat chance. However, I will guarantee Maria will say 'we're off our lows' today

Ying-Yang's picture

Pimco's Bill Gross looks at the investing universe and sees a dangerous supernova - a looming explosion that could see investors lost in space.

flacon's picture

Tomorrow is big POMO day. Becareful, we could get a rebound.  Today the Fed injected $0.75 - $1.00 Billion. Tomorrow is $2.75 - $3.50 

Randall Cabot's picture

Does that money find its way into stocks on the operation date or the settlement date???

fourchan's picture

something is going to hit something, thats for sure.

FL_Conservative's picture

That's just code for telling us she's been on all fours.

Dr. Engali's picture

I can guarantee that some banker will be doing shooters out of Maria's belly button, and snorting blow from her ass tonight too.

HD's picture

Those bankers must have a thing for Spanx...

css1971's picture

I was thinking "Yeah there's the top" as soon as I saw they'd put that on the cover.

Silver Bug's picture

The euphoria about stock right now is disgusting. "The end of fear" appears to be the mantra. If this isn't a sign of a near top, then I don't know what is.

ebworthen's picture

There must have been a lot of IRA and 401K money moving into stocks Thursday-Friday of last week.

Time for the big boys to take some profits, and sucker some more dumb money into equities "on the dip".

Dr. Engali's picture

How many weak bears will get suckered in so that Ben can squeeze them out pushing this bitch to new highs? Ben will print until he blows the whole fucking thing up just to prove his point.

fonzannoon's picture

eggsactly. macro fears macro fears europe blowing up....sequester coming.....

short squeeze. 


francis_sawyer's picture

<=== Bernanke is my hero

<=== heh heh heh ~ he said "touched Teppers balls" ~ heh heh heh... [& bitcoins suck]

Spastica Rex's picture

Different balls.

Enjoy some Accept.

Nothing more badass than a singing, pudgy dwarf.

Pareto's picture

Tomorrow Vix back to 13, Snp to 1514

Never One Roach's picture
Beware 'Credit Supernova' Looming Ahead : Gross


"When does money run out of time? The countdown begins when investable assets pose too much risk for too little return; when lenders desert credit markets for other alternatives such as cash or real assets," he added.

Gross advocates investors turn to gold and other commodities for inflation protection...."



Bill Gross interview:


Jesus, not another Goldbug !

Dr. Engali's picture

Coming to a fascist country near you:

Argentina Freezes Food Prices


Next up ...shortages.

css1971's picture

I honestly don't get it. Really. I look around and wonder if the entire human race is made up of total cretins sometimes. How on earth did we manage to get beyond caves?

Dr. Engali's picture

I wonder the same thing..after thousands of years you would think we would learn something, but I guess that's asking for too much.

HD's picture

Because there used to be a time before bankers. Cavemen didn't have Goldman to do an overpriced IPO on fire and the wheel.

Dr. Engali's picture

You had to put the word "Spanx" in your I have freaking Spanx adds popping up. Thanks..for nothing

HD's picture

 Sorry Doc.  Let's see if we can reset those ads...

 On my way home I'll be stopping by VICTORIA SECRET to get a little something for the wife and the liquor store for a six pack and a copy of the 2013 SPORTS ILLUSTRATED SWIMSUIT ISSUE.


thismarketisrigged's picture

how comical is it that whenever there is positive rumors out of europe or asia, our markets rally like 1 and a half plus percent, despite our economy being poor, yet when all of the europe markets get slammed today due to rumors of corruption, poltical turmoil, eurozone possibly in danger again, the dow does not even lose 1 percent and s&p only lost 1.15 percent when italy was down 4.50 percent, spain was down 3.77 percent, germany was down 2.49 percent, and yet all the fuckers ont tv are making it seem like this ia actually a selloff.


on cnbc just now, the morons are saying how this  market still has 5-10 percent easily to run, and that buy any pullback. fucking joke

Michelle's picture

My only regret is I took profits a week too soon, could've gotten just a wee bit more...ah well.

Glass Seagull's picture

Shaping markets since 1913.