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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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Tue, 06/24/2014 - 13:25 | 4889858 fonzannoon
fonzannoon's picture

Late lunch for kevin

Tue, 06/24/2014 - 13:27 | 4889866 nink
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 

Tue, 06/24/2014 - 13:29 | 4889876 Grande Tetons
Grande Tetons's picture

No. I am a retard. 

Tue, 06/24/2014 - 13:30 | 4889880 walküre
walküre's picture

Bart, is that you?

Tue, 06/24/2014 - 15:15 | 4890320 papaswamp
papaswamp's picture

You mean
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 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

Tue, 06/24/2014 - 15:44 | 4890457 madcows
madcows's picture

well, assuming 8 bits

Tue, 06/24/2014 - 20:18 | 4891409 papaswamp
papaswamp's picture

Oh sure just ruin my fun....

Tue, 06/24/2014 - 13:35 | 4889899 nink
nink's picture

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

Tue, 06/24/2014 - 15:07 | 4890294 Salah
Salah's picture

Bank of America technical analyst was on to something!

Tue, 06/24/2014 - 13:42 | 4889865 slaughterer
slaughterer's picture

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

Tue, 06/24/2014 - 13:28 | 4889868 Zirpedge
Zirpedge's picture

The Belgians like bonds like Mayo on their Freedom Fries.

Tue, 06/24/2014 - 13:29 | 4889872 Dr. Engali
Dr. Engali's picture

I had the same result after my morning pee.

Tue, 06/24/2014 - 13:29 | 4889873 orangegeek
orangegeek's picture

Dow down 50, NDX up 21

 

Yellen likes technology today.

Tue, 06/24/2014 - 13:29 | 4889874 walküre
walküre's picture

2008 Deja Vu - Sell the Rally - STR

Tue, 06/24/2014 - 13:31 | 4889883 DavidC
DavidC's picture

One can only hope - an end to this insanity.

DavidC

Tue, 06/24/2014 - 13:34 | 4889894 Grande Tetons
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. 

Tue, 06/24/2014 - 13:38 | 4889904 Dr. Engali
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.

Tue, 06/24/2014 - 13:46 | 4889937 Grande Tetons
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. 

Tue, 06/24/2014 - 14:05 | 4889979 Droid Fuel
Droid Fuel's picture

zombie apocolypse...

Tue, 06/24/2014 - 14:22 | 4890073 flacon
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). 

Tue, 06/24/2014 - 15:01 | 4890270 hobopants
hobopants's picture

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

Tue, 06/24/2014 - 13:40 | 4889910 Dr. Engali
Dr. Engali's picture

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

Tue, 06/24/2014 - 13:32 | 4889892 Ness.
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

 

 

Tue, 06/24/2014 - 13:35 | 4889896 Groundhog Day
Groundhog Day's picture

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

Tue, 06/24/2014 - 13:36 | 4889900 GrinandBearit
GrinandBearit's picture

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

ZH is a great contrary trade.

Tue, 06/24/2014 - 13:42 | 4889917 alien-IQ
alien-IQ's picture

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

Tue, 06/24/2014 - 14:43 | 4890193 Dr.Vannostrand
Dr.Vannostrand's picture

Who's to say ZH isn't GS?

Tue, 06/24/2014 - 13:40 | 4889913 Dr. Engali
Dr. Engali's picture

The bottom is in.

Tue, 06/24/2014 - 13:43 | 4889915 alien-IQ
alien-IQ's picture

This must be the unintended ZH Buy signal.

Tue, 06/24/2014 - 13:47 | 4889941 TabakLover
TabakLover's picture

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

Tue, 06/24/2014 - 13:58 | 4889964 IronShield
IronShield's picture

Shake that tree!  Yeah...

Tue, 06/24/2014 - 14:13 | 4890017 IronShield
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...

Tue, 06/24/2014 - 14:23 | 4890079 Soul Glow
Soul Glow's picture

TURN THE MACHINES BACK ON!!!

Tue, 06/24/2014 - 14:31 | 4890120 ptoemmes
ptoemmes's picture

When will it be 3:00 PM?

Tue, 06/24/2014 - 15:13 | 4890310 madcows
madcows's picture

at 3:30.

Tue, 06/24/2014 - 15:35 | 4890410 madcows
madcows's picture

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

Tue, 06/24/2014 - 14:33 | 4890130 Yen Cross
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.

Tue, 06/24/2014 - 14:46 | 4890203 gdiamond22
gdiamond22's picture

What is this 'sell order' you speak of?

Tue, 06/24/2014 - 15:10 | 4890298 bearwinkle
bearwinkle's picture

Wow! Tuesday and triple digit red on the DOW!

Tue, 06/24/2014 - 15:11 | 4890301 TabakLover
TabakLover's picture

Tylers, "Dennis Gartman my ass."

Tue, 06/24/2014 - 15:12 | 4890305 madcows
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.

Tue, 06/24/2014 - 15:52 | 4890483 starman
starman's picture

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

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