This page has been archived and commenting is disabled.

VIX Tops 17 Sparks "Santa-Rally" Negating Sell-Off

Tyler Durden's picture




 

This is not USDJPY-driven. VIX has diverged (as has HY Credit) for the last 3 days but the push higher in the 'fear index' in the last few minutes (with no obvious catalyst) has dragged the S&P lower - erasing (once again) the Santa-Rally gains...

 

 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Wed, 12/31/2014 - 13:18 | 5609311 ukspreads
ukspreads's picture

Flash crash please

Wed, 12/31/2014 - 13:30 | 5609362 Headbanger
Headbanger's picture

WTF  just happened?

Oil, USDJPY, Treasuries look steady but stawks dropping hard

Wed, 12/31/2014 - 13:34 | 5609386 El Hosel
El Hosel's picture

.... Pull the Rug already for fuks sake.

Wed, 12/31/2014 - 13:34 | 5609395 Headbanger
Headbanger's picture

Was there another "666" sell signal a little while ago?

Wed, 12/31/2014 - 13:47 | 5609443 KnuckleDragger-X
KnuckleDragger-X's picture

It's branded on Yellens right hip....

Wed, 12/31/2014 - 14:01 | 5609503 Jeff the Terrible
Jeff the Terrible's picture

Another Bullshit article Tyler. Do Brad Pitt's people know you're using his likeness for clickbait bullshit?

Do you want to find out?

 

https://www.youtube.com/watch?v=VI6tBwVjyOY

Wed, 12/31/2014 - 15:10 | 5609766 The_Dude
The_Dude's picture

Time to change your tampon Jeff.... toxic shock might be affecting your brain...

Wed, 12/31/2014 - 13:35 | 5609389 agstacks
agstacks's picture

-.25% on the S&P.  Is my feed wrong? 

Wed, 12/31/2014 - 13:35 | 5609398 Headbanger
Headbanger's picture

Nope

Wed, 12/31/2014 - 13:36 | 5609396 El Oregonian
El Oregonian's picture

The take away?

If its Bad... It's GOOD! aaannnddd If it's Good it must be TERRIBLE!....

Wed, 12/31/2014 - 13:48 | 5609448 KnuckleDragger-X
KnuckleDragger-X's picture

That's what you get when you leave the junior staff in charge....

Wed, 12/31/2014 - 14:50 | 5609680 gmak
gmak's picture

Remember the sane good ole days when an 8 point drop in the S&P was not considered "hard"?

Thu, 01/01/2015 - 01:59 | 5611555 tplink
tplink's picture

my best friend's half-sister makes $77 every hour on the computer . She has been laid off for 5 months but last month her pay check was $14292 just working on the computer for a few hours. read... www.works3.com

Wed, 12/31/2014 - 13:19 | 5609315 Yen Cross
Yen Cross's picture

     Looks like the banks were a little short on excess reserves this quarter. Although reverse repos jumped over 400% from yesterday they were much smaller then the previous quarters in '14. Maybe thats due to the BTFATH in December.

 

http://www.newyorkfed.org/markets/omo/dmm/temp.cfm?SHOWMORE=TRUE
Wed, 12/31/2014 - 13:18 | 5609317 Vesuvius
Vesuvius's picture

What does that mean?

Wed, 12/31/2014 - 13:54 | 5609480 Arius
Arius's picture

few people left trading things tend to get a bit whacky ... no worries, just enjoy the new year

Wed, 12/31/2014 - 14:55 | 5609696 Jstanley011
Jstanley011's picture

Exactly. What you can tell from the market action on the day before New Years is precisely nothing.

Wed, 12/31/2014 - 13:21 | 5609324 alexmark2013
alexmark2013's picture
2015 Global Economy Will Decline as Indicators Reveal REPEAT of GREAT DEPRESSION   http://investmentwatchblog.com/2015-global-economy-will-decline-as-indicators-reveal-repeat-of-great-depression/
Wed, 12/31/2014 - 13:52 | 5609468 KnuckleDragger-X
KnuckleDragger-X's picture

We're getting to the point where they can't paper over the cracks fast enough. One big player eating a big loss should start things rolling downhill.

Wed, 12/31/2014 - 13:24 | 5609345 Eyeroller
Eyeroller's picture

All manipulation is currently directed toward slamming gold and pumping up the Dow.  Nothing left for VIX slamming right now.  Will be interesting to see what happens a few minutes before the close.

Wed, 12/31/2014 - 13:24 | 5609351 spastic_colon
spastic_colon's picture

someone is NOT going to make bonus!

Wed, 12/31/2014 - 13:28 | 5609367 buzzsaw99
buzzsaw99's picture

they already snorted their bonus

Wed, 12/31/2014 - 13:31 | 5609375 monopoly
monopoly's picture

buzzsaw, you and I have been here a long time and I want you to know I always enjoy your posts. lol.

Wed, 12/31/2014 - 13:30 | 5609370 monopoly
monopoly's picture

And as always, the Black Swan will come out of nowhere. I do not know what is precipitating this sell-off or even if it will last, but at some point there will be a catalyst to drive these broken markets much lower and without warning.

That I know.

Wed, 12/31/2014 - 13:43 | 5609430 stant
stant's picture

The black swan is black gold in a copper barrel

Wed, 12/31/2014 - 13:55 | 5609478 KnuckleDragger-X
KnuckleDragger-X's picture

Liquidity is becoming a problem, emerging markets are getting the shitty end of the stick and commodities are spiraling in, I'm looking forward to an interesting year.

Wed, 12/31/2014 - 13:30 | 5609372 El Hosel
El Hosel's picture

New Years Restitution, lets hope the bad guys get caught in 2015 and are prosecuted..... Never Mind.

Wed, 12/31/2014 - 13:33 | 5609387 SheepDog-One
SheepDog-One's picture

A New Years Eve flash crash would be hilarious!

Wed, 12/31/2014 - 13:38 | 5609411 Racer
Racer's picture

Ooops, looks like someone went home a bit tooo early!

Wed, 12/31/2014 - 13:41 | 5609422 bnbdnb
bnbdnb's picture

There's the bottom for the day!

Wed, 12/31/2014 - 13:56 | 5609482 youngman
youngman's picture

Just GS going for a bigger bonus next year.....but gold and silver not moving....

Wed, 12/31/2014 - 14:18 | 5609578 much obliged
much obliged's picture

Will someone please turn off the bubble machine.

~Lawrence Welk

Wed, 12/31/2014 - 14:54 | 5609693 MrButtoMcFarty
MrButtoMcFarty's picture

VIX.

Buy < 12.

Sell higher.

Wash. Rinse. Repeat.

Now where's my fucking 2 & 20?

Wed, 12/31/2014 - 14:56 | 5609702 Ewtman
Ewtman's picture

It is fast becoming evident that government intervention in the financial markets has gotten way out of control. The credit bubble is bursting...

 

http://www.globaldeflationnews.com/jaguar-inflation-a-laymans-explanatio...

Wed, 12/31/2014 - 16:21 | 5610072 Phat Stax
Phat Stax's picture

Sorry, but that Prechter article was published years ago and is simply being re-cycled.  He prophesied everything he stands for in his 2002 book, which I read.  He said then that the Fed would never buy MBS's and they have.  That  - and many of his other predications - have been dead wrong.  Very wrong.  Of course in this biz, no one is ever wrong - just early.  Elliot Wave Theory is a complete hoax in the age of algo-bots, and he is a hack economist of enormous proportions.

Wed, 12/31/2014 - 14:57 | 5609708 MrButtoMcFarty
MrButtoMcFarty's picture

Daily XAU/XAG slam por favor.

Like the sun rising in the East.

 

Wed, 12/31/2014 - 15:34 | 5609851 Spungo
Spungo's picture

oh noes not my vix! don't touch it!

Wed, 12/31/2014 - 15:42 | 5609907 Chad_the_short_...
Chad_the_short_seller's picture

For those of you who paid attention to my play of 2015 and said SEVERAL times to go long UVXY the day after XMAS (go look at my posts. It hit 20.15 that day), good on you. Now over $25 and flying.. Next stop is $50!!!!!

Wed, 12/31/2014 - 16:37 | 5610134 Father Lucifer
Father Lucifer's picture

The Yellen rally was an aberration, as the decline it halted had failed to complete. That decline is just resuming now with many buying protection before the end of the year. The Yellen rally really lasted only for 2 days of panic buying and then began to sputter. I bought TVIX 3 days ago at 2.37 right now it's at 2.74. I wish Elliot wave actually worked cause if it did we are in wave 2 of 3 down of 1 down but Elliot doesn't work especially with constant intervention. Perhaps there was a time it did.

Do NOT follow this link or you will be banned from the site!