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Total Chaos: Massive Market Moves Spark Selling-Panic Into Close

Tyler Durden's picture




 

Perhaps this sums up the day for many FX, bond, equity, and oil traders today...

 

Incredible Volatility today - 100 point roundtrip in the S&P, and 800 points in the Dow - all driven by a halt in Ruble Trading, the European close, and Kuwait pissing on the US market's fireworks...

 

Today's melt-up into the European close was the biggst of the year...

And the volatility was incredible across the entire US equity market - as the S&P ramp ran stops to yesterday's highs then gave it all back...again around the EU close

 

Close-up on S&P 500 e-minis... the machines ran all the stops everywhere today...

 

A massive roundtrip in cash markets...

 

Leaving most of the major indices down over 5% from all-time-highs...

 

Financials starting to show some risk...

 

The Russian markets dominated headlines...

 

but the US credit markets were more worrisome as it appears the risk has finally started to appear in the investment-grade credit market.

High yield bond yields hit 2-year highs... and spreads to 18 month wides...

 

And Investment Grade credit has become infected...

 

Longer-term...

 

Every asset class underwent a roller-coaster...

Treasury yields fell 10ps, rose 10bps then fell 8bps...

 

and the Treasury yield curve is following the exact smae trajectory as it did into the last recession/tightening..

 

Silver and Gold pumped and dumped.. as oil dumped and pumped and dumped...

 

FX markets turmoiled leasving the USD lower on the day but USDJPY wa sin charge of stocks - and major unwinds into the close - which is very unusual ahead of FOMC tomorrow and Japan tonioght

 

Across the asset classes today - these were the events..

 

Finally we wonder... who was this mysterious $3.7 billion trader today...

But don;t forget...

 

Charts: Bloomberg

 

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Tue, 12/16/2014 - 18:31 | 5560408 Fix It Again Timmy
Fix It Again Timmy's picture

The market is trying to protect itself from a falling ANVIL by using WET toilet paper as a shield...Is there a derivative for that?...

Tue, 12/16/2014 - 18:37 | 5560409 Victory_Garden
Victory_Garden's picture

A comment made yesterday.

are we there yet

Investors would like to know what Putin know about the near future?”

 

Yes, he does. He knows what everybody knows.

The new dollar, should it survive in name only, will trade for 10,033 old american paper dollars, or one gold ruble.

On a not so cool note, looks like we may all be changing channels real fast as the babylonian govt sponsored magahorn US propaganda spewing mouthpieces start harping it up on all the isis/is/mosad/al-CIA-duh murderous govt stooges that will start ramping up warmongering terror to spread fear after who knows what kind of purposely planed and caused terrorism comes down the pike towards Christmas, or even thereafter. We all can surly expect the head US puppet barry obobo to sign a useless anti-American Rule of Law piece of paper, or do something else that is bad for the country and the people. It sure would be cool if he actually did something GOOD for ALL AMERICANS, for a real CHANGE!

(barry, break your chains, we will save you)

((and to all the stooge-babylonian puppets, does it just slay you when we all call you puppet actors in the greatest of all puppet shows, and see your games of chance for what they really are, Chancy??))

Shucks, there could be a few False Flag Events coming soon, or not, to further the world-wide gun control agenda of the UN/imf/rothschild world domination and population ELIMINATION plans. You see, the babylonian banksters and minion scumbags have to take the guns first, before they can steal the money from EVERYBODY. It is just a matter of tick...tock...tick...tock.

What everybody knows is, they have saved this particular Day of days date, Christmas, for the final stage in the final solution globalist intents to kill off every soul, and every sovereign country on the planet. Ziostooges, too. Why is that so hard to conceive amongst all the tribes is anyones guess but the truth is, the money-god has it's slimy crawly sticky smelly snake-like claws firmly grasped around 99.9% of every man Jacks balls. Keeps them in the place of absolute fear to control them. It is truly a sad deal with the devil of evil,corruption, and deceptions. Ask, who has a documented HISTORY and track record of doing nasty terroristic things on Holidays? Hummmm....

How can anyone forget that fact that Love will conquer all evil and that love has to begin with loving one's self first. Break the paradigm of fear, and resist! Love yourself, and fight for a future you want, and not the death you will never expect, or see coming like a thief in the night. Join hands and arms world-wide five points and wipe the evil bankster-beast of deceptions and death off the face of the planet, before IT does it to you. No Templar sworn to evil, corruption, death, and murdering the oppressed to be spared. Liber de Oppresso. Plain and simple. Be a dumbed down slave, or be a free truth seeker. Light, is but darkness revealed.

The choice belongs to every soul on board and every soul on aboard is integral in the mass world-wide decision making. Never forget, one man can change the world for good, or bad. One stick can break the camels back in a good way if it choose to make a difference. Same with the bad and it only happens because good men and women stand down and allow it to manifest. Woe unto ye.

FYI: Truth will set you free. Lies is how you die. First spiritually, then physically. Please, walk your path in the saving graceful light of truth. That which is engraved in Stone in every world for time immortal in every place of existence, and where ever the etheric Spirit goes. After all is said and done, it stands alone on its own, impervious to all idiotic assaults and attempts to cover it up. So as it was, is, and shall always be. Nothing changes under the Sun.

Looks like ol Dave Hodges will have some good info about the Sydney False Flag Event this Sunday pm.

http://www.thecommonsenseshow.com/2014/12/15/dhs-insider-sydney-to-be-the-game-changer/

Whereas; no acts of mass violence happen accidentally in the three-dee world, or haphazardly any moar. EVERY SINGLE ONE IS TAKEN NOW AS A FALSE FLAG EVENT CONTRIVED AND CONTROLED AS A GOVERNMENT SPONSORED TERRORIST ACT TO GAIN FROM. All acts are just that, acts to further the globalist-babylonian-bankster agenda to command and control all people but worse, to kill off massive numbers of populations no mater what race, creed, or nationality they hail form. ALL ACTIONS OF TERROR ARE GOVT SPONSORED FALSE FLAG EVENTS FROM HERE ON TO THE END OF HISTORY AS MAN WILL KNOW IT. SO MOTE IT BE!

http://www.thecommonsenseshow.com/2014/12/16/the-u-s-government-is-practically-begging-for-global-war/

 

Selah.

 

Wow! The Spirit is really rootin-tootin at times if you consciously listen to that comforter, in your Heart. Testing...one...two...three. Try it. You'll like it.

 

Tue, 12/16/2014 - 18:45 | 5560474 Hagen
Hagen's picture

Did the mysterious trader, it buy or sold? If it bought it is good sign

Tue, 12/16/2014 - 18:49 | 5560480 Cthonic
Cthonic's picture

 

At any moment that a nonlinear signal propagating network provides gain, said network may be forced into a regime of instability by injected noise signals, even if this is not the desired function of the network.  Note to Yellen: your only option is to insure all subcircuits are adequately dampened, or you are going to blow this amp, so to speak.

Tue, 12/16/2014 - 18:57 | 5560516 starman
starman's picture

Barf bags anyone?

Tue, 12/16/2014 - 18:57 | 5560518 gmak
gmak's picture

Were they hitting the bid or ask on the SPY?   - nevermind everyone is asking this. 

Tue, 12/16/2014 - 19:04 | 5560544 John Law Lives
John Law Lives's picture

Speaking of unsettling events...

U.S. Special Forces Conducts Urban Training in North Texas                                                       Tuesday, Dec 16, 2014 • Updated at 3:09 PM CST

http://www.nbcdfw.com/news/local/US-Special-Forces-Conducts-Urban-Traini...

excerpt:

"If you think you've spotted low-flying black helicopters around Downtown Dallas in recent days, you likely have.

Twitter users reported seeing blacked-out helicopters flying in low, close formations with no lights.

Our partners at The Dallas Morning News checked and found out the helicopters were taking part in preparedness training for U.S. Special Forces Monday night.

The Morning News learned the training was necessary so that the they could get a feel for "realistic urban sites," according to the Dallas Police Department."

 

It seems a risky to conduct live training over such a heavily populated (civilian) area.  Imagine if one of those low-flying blacked-out helicopters crashes.

Tue, 12/16/2014 - 19:14 | 5560588 mpath
mpath's picture

Ebola was the blame for the September top-even though that hit after the SPX had already dropped some 100 points-

Central banks were noted as the cause for the LOW in October and extended move higher into Decmber. 

Oil and emerging markets now being blamed for the most recent drop. 

My question would be--how could Sentiment Timing's Woody Dorsey predict each turn date--weeks and even months in advance--to the exact date? The reason always comes after the move. 

I am assuming sentiment leads the moves-since that is how he is basing these turns dates from. December 8th top-was his last call..Absolutely amaziing--over 550 points down-up and now down..all from his turn dates!!

http://www.sentimenttiming.com/crash-dates/

 

 

 

Tue, 12/16/2014 - 19:29 | 5560657 SilverIsMoney
SilverIsMoney's picture

So without me having to drop $150 bucks what's he predicting next?

Tue, 12/16/2014 - 22:33 | 5561328 One Eyed Jack
One Eyed Jack's picture

Protect the Dallas FEDat all cost!!!!

Tue, 12/16/2014 - 19:07 | 5560554 arby63
arby63's picture

I sell 8-10,000 rounds of ammo each week that says bankers won't control shit. Cops won't control shit either (pussies).

Go ahead and jump. 

Get invasive.

Get personal.

Get ...

Tue, 12/16/2014 - 19:23 | 5560632 cornflakesdisease
cornflakesdisease's picture

Your are large and erect, but you must put away the things of a child and grow up out of your adolecence.

Tue, 12/16/2014 - 19:08 | 5560567 natty light
natty light's picture

Boy that really got out of hand fast.

Tue, 12/16/2014 - 20:32 | 5560870 lordbyroniv
lordbyroniv's picture

lol

 

u PPPPPPPPCCCCCCCCCCCC multi cultaralist fags dont like guns & roses???//

 

RADICALS & RACISTS

DONT POINT YOUR FINGER AT ME

IM A SMALL TOWN WHITE BOY

JUST TRYING TO MAKE ENDS MEET !!!!!111111111

 

[FUCK U ...ZH.....BITCHEZ !11111111111111111]

 

 

AXL CALLED IT !111111111....ITS OVER.

https://www.youtube.com/watch?v=s9B7hgSztA0

 

And listen to 'LIES'

 

Its all LIES

 

U stupid fux thumbs down me

 

cuz u all SUCK MULTICULTURALIST cock

 

U DESERVE WHATS CUMING !1111

 

and vote 4 ur own destruction

Wed, 12/17/2014 - 06:44 | 5562124 winchester
winchester's picture

here... take your chocolate, hold the mug !

 

ok, here you are...

 

fell better ?

Tue, 12/16/2014 - 19:13 | 5560587 lordbyroniv
lordbyroniv's picture

Immigrants and faggots they make no sense to me
They come to our country and think they'll do as they please
Like start some mini Iran or spread some fucking disease
They talk so many goddamn ways it's all Greek to 

Guns 'N Roses - One In A Million Lyrics | MetroLyrics 

Tue, 12/16/2014 - 19:30 | 5560658 Calmyourself
Calmyourself's picture

CNBC copyright the dang deer in the headlights or what??  BRING BACK THE DEER

Tue, 12/16/2014 - 19:32 | 5560671 SilverIsMoney
SilverIsMoney's picture

After so many requests I really think they're waiting for the perfect moment...

Tue, 12/16/2014 - 20:04 | 5560783 Calmyourself
Calmyourself's picture

You may be right, maybe I do not want to see the deer after all..  I would like to get more silver though..

Tue, 12/16/2014 - 20:06 | 5560781 Catalonia
Catalonia's picture

There's no point in speculating on the demise of speculators. No point in betting against the casino because if you win the bet and the casino goes down there will be no one to pay you back.

Tue, 12/16/2014 - 20:05 | 5560789 I Write Code
I Write Code's picture

It's getting sketchy.

Remember, what really crashed in 2008 was the capital market infrastructure, no single instrument really failed on its own enough to matter.

The Fed has been managing the markets out of its back pocket for the last four years now, and especially since Janet came along, even more than Bernanke she has interfered directly with all markets and market volatility.  Happy New Year, Janet babe.

Tue, 12/16/2014 - 20:13 | 5560819 Son of Captain Nemo
Son of Captain Nemo's picture

A most beautiful picture of Hope!

Now all the German people need to do is demand a vote of confidence, dump the Euro, exit the Union and demand that those fucking U.S. military bases in their Country get removed once and for all!

Tue, 12/16/2014 - 20:19 | 5560847 Jack Burton
Jack Burton's picture

"With West Texas Intermediate (WTI) presently headed south of 60 bucks–and no bottom in sight–these smaller producers are sure to get clobbered. Pension funds, private equity, banks, and other investors who gambled on these dodgy energy-related junk bonds are going to get their heads handed to them in the months ahead."

Food for thought. As the oil glut destroys Russia, so does it begin to wreck the house of cards called US Banking and US manipulated markets. "Send in the CDS's"

Tue, 12/16/2014 - 20:21 | 5560859 SilverIsMoney
SilverIsMoney's picture

here comes the Asian open.... place yer bets folks!

Wed, 12/17/2014 - 03:18 | 5561958 joego1
joego1's picture

The running of  au-tarkys continues....

Tue, 12/16/2014 - 20:26 | 5560873 blindman
blindman's picture

oh, just fuck off. all y'all.

Tue, 12/16/2014 - 20:30 | 5560882 Runs-With_Toast
Runs-With_Toast's picture

Remember the basics. "The effect of the ruble falling is to increase the price of imports to Russia. And so Russia’s response has been, okay, if we have to pay more for our food, then we’re going to subsidize our own growing of food. And Russian farm output has been rising very rapidly to replace the imports that it was making from Lithuania, from France, and from other European countries. Putin was also saying, now we’re going to begin to subsidize our manufacturing. We cannot depend upon the Germans, the French, or the Europeans for their manufacturing. We’re going to depend on China, on Turkey, and most of all on our own manufacturing. And the sanctions against Russia have actually proved to be a godsend, because it enables Russia to do essentially what it would have liked to do but couldn’t do under international law: to subsidize and protect its own industry"

 

Tue, 12/16/2014 - 20:44 | 5560920 Clowns on Acid
Clowns on Acid's picture

Well presented Toastie.

Indeed the Russian sanctions will work to slow down the velocity of money worldwide and especially in Europe, which means that NIRP interest rates and QE cannot ever stop in Europe or the US. This wil eventually destroy te currency.

Who is holding the gold now? Which central bank had the balls / resolve to raise interest rates to stave off inflation (albeit from a depreciating currency) ?

Can the ECB or Fed do that ?     

Tue, 12/16/2014 - 20:59 | 5560965 falconflight
falconflight's picture
DEFINITION OF 'AUTARKY'

A nation or entity that is self-sufficient. A political/economic term, Autarky comes from the Greek autarkeia - autos, meaning "self" and arkein, meaning "to be strong enough or sufficient". Autarky is achieved when an entity, such as a political state, is self-sufficient and exists without external aid. Investopedia

Not sure Russia can make it happen w/o savaging their people anymore humanely than did Stalin or China's Mao.

Tue, 12/16/2014 - 22:38 | 5561349 Nick Jihad
Nick Jihad's picture

Indeed. The chief practitioner of autarky among nations today is North Korea.

Wed, 12/17/2014 - 03:14 | 5561955 joego1
joego1's picture

we is gonna hav Au tarky for xmas. Merry xmas!

Wed, 12/17/2014 - 05:03 | 5562035 radiobomb
radiobomb's picture

good post Toast, +!. ... just goes to show another example of stated policy [this time sanctions] having the inverse effect of what it says on the tin.

Considering how many analysts are employed to enable policy of this magnitude, this is one of the forseen outcomes... hence done on purpose. This is an intended consequence. Or none of the advisors have 2 braincells to rub together.....

Tue, 12/16/2014 - 20:54 | 5560925 NubianSundance
NubianSundance's picture

.

Tue, 12/16/2014 - 21:47 | 5561141 fzrkid
fzrkid's picture

9h9 hours ago

Only thing that will make this run up more exciting is watching it collapse at 3:59 pm before the close. Makes no sense

Tue, 12/16/2014 - 22:36 | 5561339 jack stephan
jack stephan's picture
When you find youself in danger,
When you're threatened by a stranger,
When it looks like you will take a lickin', (puk, puk, puk)
There is someone waiting,
Who will hurry up and rescue you,
Just Call for Super Chicken! (puk ack!)

Fred, if you're afraid you'll have to overlook it,
Besides you knew the job was dangerous when you took it (puk ack!)

He will drink his super sauce
And throw the bad guys for a loss
And he will bring them in alive and kickin' (puk, puk, puk)
There is one thing you should learn
When there is no one else to turn to
Call for Super Chicken! (puk, puk, puk)
Call for Super Chicken! (puk ack!)

Sorry, oops

Wed, 12/17/2014 - 00:00 | 5561638 db51
db51's picture

Time for a new Avatar.  Would have been better if the Rainbow was blowing out my ass.....but.this will do.

Wed, 12/17/2014 - 03:59 | 5561993 HileTroy
HileTroy's picture

Your wish is my command   here is your Rain Bow Unicorn  AKA the crazy ass reality we live in 

 

https://www.youtube.com/watch?v=MuNmJECj6hI

 

Wed, 12/17/2014 - 00:50 | 5561777 hooligan2009
hooligan2009's picture

nothing to see here...move along.

(you might note the significance of the year end close and the 2014 handle on the S&P500 in a few weeks, but hey..its all just shit and giggles when all prices in all markets are controlled by a Fed submarine algo :) )

Wed, 12/17/2014 - 05:25 | 5562056 Lmo Mutton
Lmo Mutton's picture

Janet. Miss Print if your nasty.

Wed, 12/17/2014 - 07:34 | 5562164 Boscovius
Boscovius's picture

I keep thinking the dude throwing up looks like Joe Rogan.  Fear Factor!  LOL

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