Stocks Plunge On Russia Invasion Threat - Give Up All Post-Payrolls Gains

Tyler Durden's picture


Yesterday, the S&P and Nasdaq bounced hard off the pre-payrolls level from Aug 1st. From the moment US cash equity markets closed yesterday, stocks have been dropping back. But now, thanks to this:


The Dow, S&P and now Nasdaq have tumbled below yesterday's lows, eradicating all the post-payrolls gains in stocks. Treasury yields are tumbling (5bps off highs) and gold and silver and rising.

All payrolls gains gone...


This is what it looked like close-up... as just 7k S&P e-minis crushed lqiuidity

* * *

Of course, as anyone but the machines knows, Poland has been desperate to get a NATO response from the start, and has been hinting at an "imminent" Russian invasion for at least 4 months

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Tue, 08/05/2014 - 13:42 | 5049803 whats_that_flashing
whats_that_flashing's picture


Tue, 08/05/2014 - 13:50 | 5049876 TideFighter
TideFighter's picture

Must be nappy naptime at the PPT Kindergarten.


Tue, 08/05/2014 - 13:57 | 5049939 Say What Again
Say What Again's picture

I wish I could post a chart.  There were a few VERY LARGE orders in certain Bear-ETFs a few minutes prior to the big move in the futures.  I can't post all of them, but the easiest to see is SDS that had single trades of 25K+ at 13:04:30 & 13:29:00.  The average trade size is usually between 1,000 & 2,000. The selloff started at 13:39:00.

So, someone made a few big bets about 10 minutes prior to market moving on this news.

Tue, 08/05/2014 - 13:59 | 5049968 PlusTic
PlusTic's picture

Are you implying some front-running in this fair and efficient marketplace   :0

Tue, 08/05/2014 - 14:00 | 5049978 Say What Again
Say What Again's picture

Can't happen here.  Not in Amerika

Note: The average trade size is actually between 500 & 1,000

Tue, 08/05/2014 - 14:14 | 5050073 eclectic syncretist
eclectic syncretist's picture

Whoever it was, I front-ran them back when SDS was at $25.  S&P very near critical support levels already, but I'm not selling SDS yet.

Tue, 08/05/2014 - 14:18 | 5050095 IANAE
IANAE's picture

...waiting for the words from US State Dept during their daily press briefing... they seem to be running a bit late getting started today...

Tue, 08/05/2014 - 15:53 | 5050715 Bunghole
Bunghole's picture

I guess my S&P 2,000 hat will have to stay in the closet another week.

Tue, 08/05/2014 - 14:05 | 5050006 Bloody Muppet
Bloody Muppet's picture


Tue, 08/05/2014 - 14:22 | 5050131 power steering
power steering's picture

This news was out overnight. Even Cramer refered to it premarket

Tue, 08/05/2014 - 14:47 | 5050257 Say What Again
Say What Again's picture

The news may or may not have been posted overnight, but there was a significant and fast moving mini-selloff starting at 13:39:00, which coincided with the Bloomberg news feed.  I was watching my screens, and things moved rather quickly for about 10 minutes.

Of course, I didn't know what the "cause" was until I peaked at ZH.

Everything is back to normal now, that is, whatever normal is.

Tue, 08/05/2014 - 14:00 | 5049962 Latina Lover
Latina Lover's picture

Sikorski is trying to rescue his mercenaries trapped by the Ukrainian Rebels against the Russian border. Without NATO aka USSA, Poland can nothing except whine like a spoiled girl.

Tue, 08/05/2014 - 14:04 | 5050010 Jack Burton
Jack Burton's picture

Latina Lover, Indeed. The rebels believe they have trapped a Polish unit inside the pocket of Ukrainian battalions surrounded in the South East Pocket. I read Rebel Social media. Yesterday they were talking that they MAY have surrounded Polish mercinaries in this pocket, thus some units will not surrender and are fighting on. These Poles would not surrender as their fate as foreigners would be very bad. Plus, Poland would be desperate for a diversion to take notice off this potential bombshell. THUS, the Polish minister claims a Russian invasion. You may have hit on why the Poles are now screaming!!!

Tue, 08/05/2014 - 14:24 | 5050061 kowalli
kowalli's picture

It's all depends on how many people poland army kill in Ukraine... I think freedom fighters will not accept surrenders from Poland's murderers...

Tue, 08/05/2014 - 14:26 | 5050169 Winston Churchill
Winston Churchill's picture

They will keep a couple for show.

The rest will be Katyned.

This is what mercenaries get the big bucks for. Lose and you get a lead pension.

Same as it ever was.

Tue, 08/05/2014 - 19:13 | 5051525 JohninMK
JohninMK's picture

It seems to be a shock to those 'normal' Ukie's passed on to the Russians how well they were treated.

The mercenaries will not expect that so I suspect they will fight to the death, in the expectation that they will be shown no mercy. They will also make sure that few of the others round them survive either. The Militia has no interest in show captives, a slow and nasty death awaits any who survive.

Tue, 08/05/2014 - 14:13 | 5050066 First There Is ...
First There Is A Mountain's picture

Yes, I read Rebel Social Media as well. I really like the special interest segments. Rebel social media is fucking bankable. Everyone knows this. Ukrainian or Polish social media? Not so much. 

Tue, 08/05/2014 - 14:09 | 5050040 magnetosphere
magnetosphere's picture

remember poland invaded czechoslovakia in the fall of 1938

Tue, 08/05/2014 - 14:28 | 5050183 power steering
power steering's picture

I remember Japan inveaded Russia 1904

Tue, 08/05/2014 - 14:24 | 5050157 SAT 800
SAT 800's picture

I put in a 1900 even price order today on my Dec. S&P500 contracts and it was exercised; so I took the 13,200$ for the account. I'll short it again if it rallies enough.

Tue, 08/05/2014 - 14:52 | 5050349 hobopants
hobopants's picture

If putin is as clever as everyone seems to think he is, then why would he invade Ukraine and give the West the scape goat it needs? I call Bullshit.

Tue, 08/05/2014 - 19:25 | 5051572 JohninMK
JohninMK's picture

He won't invade.

He doesn't want a bankrupt Ukraine.

It is working kinda OK for him atm. He is getting a large influx of Russian speaking people, which he needs, some of them highly skilled factory workers and designers. He is showing the rest of the world how trustworthy the US and NATO is. He will expose the lies over MH17 if he needs to. He is showing his weapons work and, even if it covert, he is a person to be trusted if he is on your side. He is holding the moral high ground, ironically supporting democratic government, now deposed.

The opposite of what Obama is getting.

Tue, 08/05/2014 - 14:30 | 5050197 Bossman1967
Bossman1967's picture

Ladi da bullshit where is all the peoples money going? There arnt that many on welfare? Russia dosnt have the balls or the money to go to war with Europe. So lets all go back to our daily grind and by tomorrow all will be at record highs again minus gold and silver of course

Tue, 08/05/2014 - 15:15 | 5050514 what's that smell
what's that smell's picture


please refrain from using the deer-in-headlights thumbnail....i just bought some puts.

maybe replace with the good-ole "these aren't dead babies they're human shields" ziotroll pict.

thanks much.

Tue, 08/05/2014 - 14:33 | 5050212 Bloppy
Tue, 08/05/2014 - 14:56 | 5050375 Berspankme
Berspankme's picture

I figure Vlad is going to do something while Obammy is in maatha's vineyard to try and fuck up his vacation. Or maybe just embarrass him a little.

Tue, 08/05/2014 - 13:44 | 5049815 SilverIsMoney
SilverIsMoney's picture

Good luck stopping gravity Mr. Fellen...

Tue, 08/05/2014 - 13:44 | 5049822 101 years and c...
101 years and counting's picture

that was a big dump.  did W&R just sell 3 ES contracts at once, wiping out the bid book?  they need to be banned.

Tue, 08/05/2014 - 13:46 | 5049837 Bloppy
Bloppy's picture

100 point Dow drop in mere moments, where are the algos when you need them? On strike for better pay?

Tue, 08/05/2014 - 14:05 | 5050015 youngman
youngman's picture

Just adding liquidity..that is all

Tue, 08/05/2014 - 13:44 | 5049824 passenger_pidgin
passenger_pidgin's picture

I don't see why all the fuss, it's not even 3:30 yet...

Tue, 08/05/2014 - 13:45 | 5049826 NoDebt
NoDebt's picture

The market's getting very vocal about their desire for an untaper.

Tue, 08/05/2014 - 13:55 | 5049919 Dr. Engali
Dr. Engali's picture

"Market".... Lol... there you go using that word again. Hmmmm an untaper.... that would ensure another sandwich for me.

Tue, 08/05/2014 - 13:48 | 5049833 NOTaREALmerican
NOTaREALmerican's picture

All the dry-powder sitting-on-the-sidelines will make for a strong-rebound for those-willing-to-be-patient.

Tue, 08/05/2014 - 13:46 | 5049838 Cheater5
Cheater5's picture

WTF just happened?  Vol was huge...

Is there anything on the wires that I'm missing?

Tue, 08/05/2014 - 13:50 | 5049883 NOTaREALmerican
NOTaREALmerican's picture

Just investors-locking-in-profits.

Tue, 08/05/2014 - 14:00 | 5049976 Gringo Viejo
Gringo Viejo's picture

Sorry I can't make proper attribution but someone made the comment last week that: "If the United States ever went toe to toe with the Russians, in one day there would be a million young Russian men signing up, willing to die for Mother Russia. How many young American men would be willing to do the same? My guess? Not many."

Tue, 08/05/2014 - 14:29 | 5050090 10mm
10mm's picture

Gringo. You see those youngters coming over the boarder. They will as it will be contingant on citizinship payoff. Serve, become citizin.

Tue, 08/05/2014 - 15:05 | 5050350 Gringo Viejo
Gringo Viejo's picture

@10mm: Actually, you're quite right. This is exactly the promise given to non-Romans when developing their primarily, mercenary Legions. Having no real loyalty to Rome, the Empire fractured shortly therafter and remained "Rome" in name only.

Tue, 08/05/2014 - 15:35 | 5050629 rbg81
rbg81's picture

Yeah, I'm sure they'll do great [/s].  A warm body in a uniform might as well be a corpse.

Tue, 08/05/2014 - 15:52 | 5050707 mpadpy
mpadpy's picture

And the best thing is they dont count in the KIA and neither does the mercs from blackwater. I wonder if they get pension or benefits like citizens. The Gurkha's cant even get K citizenship and their pension is like $20 a month compared to the regular soldier of $2000.. Those same gurkhas get a bigger pension and salary in the indian army.

Tue, 08/05/2014 - 14:18 | 5050104 Spastica Rex
Spastica Rex's picture

If Russian proxies had taken over the Mexican government and were in the process of shelling the state of Sonora, I bet a few would.

Tue, 08/05/2014 - 13:51 | 5049885 Cheater5
Cheater5's picture

OK, so if the headline had just said "pressure Ukraine" all of the bots would have ignored it.  But since it said "preasure or invade Ukraine"  the bots freak the fuck out.  I think that someone is gaming the bots.  Wouldn't that be interesting if someone did an investigation of the reporters and figured out that they were being paid under the table to put in keywords into their reporting (or better yet they were just doing it for shits and giggles to fuck with the tape).

Tue, 08/05/2014 - 13:58 | 5049938 viahj
viahj's picture

what a fine transparent system we've allowed to be erected in our names...

maybe a unified twitterflashmob could trip those circuit breakers.

Tue, 08/05/2014 - 13:57 | 5049945 NotApplicable
NotApplicable's picture

You mean "editors." Much closer to the bosses office.

Tue, 08/05/2014 - 14:03 | 5049967 ebworthen
ebworthen's picture

And this Sikorski is from Poland from what I can find, NATO type.

Interesting history here:

Tue, 08/05/2014 - 13:47 | 5049844 the not so migh...
the not so mighty maximiza's picture

its nazi season

Tue, 08/05/2014 - 13:49 | 5049858 max2205
max2205's picture

No flash crash yet?

Good job Janet

Tue, 08/05/2014 - 13:50 | 5049868 Randy Goodnight
Randy Goodnight's picture

TSLA down .50 cents WTF???


Tue, 08/05/2014 - 13:54 | 5049871 TabakLover
TabakLover's picture

Told ya.  Putin knows Dow 12K or lower is a real problem for the US.  Why roll tanks when just talking about rolling tanks gets the job done. 

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