Stocks Erase All Gains And Then Some On Back Of 2 Year Auction

Tyler Durden's picture

Well that didn't last long. While it is Tuesday, it appears the modest bid for the 2Y bond auction was enough to spark a slew of worrying sell orders through the equity and JPY-carry markets...

 

See the event triggers for the machines...

 

What goes up...

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fonzannoon's picture

Late lunch for kevin

nink's picture

BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD BTFD 

papaswamp's picture

You mean
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01000010 01010100 01000110 01000100 01000010 01010100 01000110 01000100 01000010 01010100 01000110 01000100 01000010 01010100 01000110 01000100 01000010 01010100 01000110 01000100 01000010 01010100 01000110 01000100 01000010 01010100 01000110 01000100 01000010 01010100 01000110 01000100 01000010 01010100 01000110 01000100 01000010 01010100 01000110 01000100 01000010 01010100 01000110 01000100 01000010 01010100 01000110 01000100 01000010 01010100 01000110 01000100 01000010 01010100 01000110 01000100 01000010 01010100 01000110 01000100 01000010 01010100 01000110 01000100 01000010 01010100 01000110 01000100 01000010 01010100 01000110 01000100 01000010 01010100 01000110 01000100 01000010 01010100 01000110 01000100 01000010 01010100 01000110 01000100 01000010 01010100 01000110 01000100 01000010 01010100 01000110 01000100

papaswamp's picture

Oh sure just ruin my fun....

nink's picture

Looks like Kevin just got back from Lunch. Now we return to our regulary scheduled program.   #FIFADistraction 

Salah's picture

Bank of America technical analyst was on to something!

slaughterer's picture

Kev' was getting a blow job .... from Poland.

Zirpedge's picture

The Belgians like bonds like Mayo on their Freedom Fries.

Dr. Engali's picture

I had the same result after my morning pee.

orangegeek's picture

Dow down 50, NDX up 21

 

Yellen likes technology today.

walküre's picture

2008 Deja Vu - Sell the Rally - STR

DavidC's picture

One can only hope - an end to this insanity.

DavidC

Grande Tetons's picture

Be carfeul what you ask for. We will look back one day and yearn for the days of yore wheny insanity roamed the earth. 

Dr. Engali's picture

I don't think people grasp how ugly things will be when suddenly there is no system in place to placate the FSA and the chaos that is to come.

Grande Tetons's picture

I can not even imagine....which is why I embrace the current level of insanity.  I remember that Wallmart EBT fiasco a few months back....yep..nothing but deserted carts after the EBT juice stopped.  Cut of the smack much longer than that.....and well...you know. 

flacon's picture

That's what Hank Paulson said back in 2008 and scared the shitts out of congress. Personally, I believe that the world will not collapse - there will be a transition time and then we will all move on from there with a better system in place (pure anarchy). 

hobopants's picture

That would be awesome, unfortunately totalitarianism seems to be the trend after collapse, or division, civil war, and then totalitarianism.

Dr. Engali's picture

We heard that several times in 09, 10,11, 12, 13, and now 14.

Ness.'s picture

Why the bearish post Tyler?  Can't you just leave a good thing alone? Post time 13:24 - low of the day (so far) 13:25

#timestamp

 

 

Groundhog Day's picture

The end will come when everyone on ze throws in the towel, goes postal or suicides themselves

GrinandBearit's picture

Right after this post, the market stopped going down and started coming back up.

ZH is a great contrary trade.

alien-IQ's picture

Yep. Looks like they are ready to go to work for Goldman.

Dr. Engali's picture

The bottom is in.

alien-IQ's picture

This must be the unintended ZH Buy signal.

TabakLover's picture

Plosser garroted in his limo. Wiseguys must be long: taking no chances.

IronShield's picture

Shake that tree!  Yeah...

IronShield's picture

And now for the "W" bounce off the bottom.  It ain't end of quarter and my !@$$ bonus is at stake!  Bitchez...

Soul Glow's picture

TURN THE MACHINES BACK ON!!!

ptoemmes's picture

When will it be 3:00 PM?

madcows's picture

See, there she is.  The 3:30 ramp.  C'mon Kevin.  Only 115 points to go.

Yen Cross's picture

     Did someone leak the U.S. macro news for tomorrow? Traders are acting like the Fed. might pull the QE plug next week, after the outstanding numbers. </sarc>

   PM's up, Equities down, bonds up in price for the safe haven play.

gdiamond22's picture

What is this 'sell order' you speak of?

bearwinkle's picture

Wow! Tuesday and triple digit red on the DOW!

TabakLover's picture

Tylers, "Dennis Gartman my ass."

madcows's picture

over the last two years the S&P is up 50%.  in the last 5 days it is up 3%.

Day to day noise is irrelevant.  BTFD, BTFATH.  Just F-ing buy.  To the moon, alice.  DOW 50,000 by year end.

Hell, even if the market pulls back you know the Taper is off the table and it's back to printing presses, or the Belgian Put, or the Abenomics/euro backdoor Central Bank pump.  It's all hands on deck for the central bankers.  The only question is whose turn it is to pump.

starman's picture

Its like a fucking  fish market! Whats the catch of the day?