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Dow Plunges 360 Points, Erases All Post-QE Gains

Tyler Durden's picture




 

The Dow is now down 360 points on the day - its biggest point drop in 19 months. Perhaps more notable is that since the End of QE3, The Dow is now down 0.4% - but the fundamentals we hear you cry... The Nasdaq is today's biggest loser, down over 2.2%

 

Dow now red post-QE

 

As Nasdaq leads the plunge today

 

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Tue, 01/27/2015 - 11:46 | 5710873 dirtyfiles
dirtyfiles's picture

17200 first stop ?

Tue, 01/27/2015 - 11:50 | 5710893 kliguy38
kliguy38's picture

Buy MOAR Stawks. Cramer told me to

Tue, 01/27/2015 - 11:51 | 5710901 Soul Glow
Soul Glow's picture

Don't panic, Draghi's got it covered.

Tue, 01/27/2015 - 11:57 | 5710955 KnuckleDragger-X
KnuckleDragger-X's picture

Pesky reality, find the monsters who are selling instead of buying and make an example of them. Unless it's GS or somebody like that.....

Tue, 01/27/2015 - 12:23 | 5711115 lordylord
lordylord's picture

itshappening/RonPaul.gif

Tue, 01/27/2015 - 12:00 | 5710975 Bossman1967
Bossman1967's picture

Yellen will stop this tommorrow btfd never fear

Tue, 01/27/2015 - 12:07 | 5711036 Headbanger
Headbanger's picture

And you will shoot yourself in the head tomorrow when she doesn't you mook!

Tue, 01/27/2015 - 12:09 | 5711045 max2205
max2205's picture

- .4%  big  whoop 

Tue, 01/27/2015 - 12:24 | 5711132 SickDollar
SickDollar's picture

you have  to wait a while , until March way toooo long

Tue, 01/27/2015 - 12:30 | 5711134 SickDollar
SickDollar's picture

By now,  We all the know this is the low point of the day: BTFD  BITCHEZ cuz it only goes up from here

 

 

Tue, 01/27/2015 - 11:51 | 5710900 Mr Pink
Mr Pink's picture

Me thinks these charts are telling me something....BTFD!!!!

Tue, 01/27/2015 - 11:56 | 5710932 RaceToTheBottom
RaceToTheBottom's picture

Burn, Bitches!!!!

Tue, 01/27/2015 - 12:00 | 5710969 No.Fifth.Turning
No.Fifth.Turning's picture

Which one doesn't belong?

 

a Central Banker

b Liar

c Cramer

d Politician

e lemon

Tue, 01/27/2015 - 12:25 | 5711135 snr-moment
snr-moment's picture

lemon, because it becomes MORE useful after you cut it to pieces

 

The others merely get more satisfying

Tue, 01/27/2015 - 12:01 | 5710979 Bush Baby
Bush Baby's picture

-375 and VIX same as yesterday - They should change VIX symbol to LOL

 

Tue, 01/27/2015 - 12:48 | 5711248 gswifty
gswifty's picture

I don't understand why a volatility index doesn't reflect volatility. Can someone please explain?

Tue, 01/27/2015 - 14:04 | 5711631 Bush Baby
Bush Baby's picture

We've seen this movie so many times that we expect it to end the same.

This is the part where our hero is fighting the villain and is losing, but we know the hero will ultimately get the upper hand and win. So there's no real fear.

If it looks like we close -300 or more you may see some increase in VIX, but that's a big maybe.

People should be shitting themselves , VIX should be at 30+ right about now .

Just don't try to apply logic and you'll do fine

Tue, 01/27/2015 - 11:48 | 5710875 pods
pods's picture

Well, since no snow was falling the DOW figured it would help out.

pods

Tue, 01/27/2015 - 11:50 | 5710885 thatthingcanfly
thatthingcanfly's picture

bah-da-bum, tish!

Tue, 01/27/2015 - 11:47 | 5710879 onewayticket2
onewayticket2's picture

TIMMMBERRRRRRRR!

Tue, 01/27/2015 - 12:05 | 5711010 Bossman1967
Bossman1967's picture

Just a week ago the presidenta said we were doing great. Wonder if that kerkoff realizes how pathetic he looks. I learned when he ruined my industry that take what he says and believe the opposite to be true but they will report QE4 to infiniti

Tue, 01/27/2015 - 12:44 | 5711222 Blano
Blano's picture

His comment was actually a signal that a major shit storm is coming. 

Tue, 01/27/2015 - 11:49 | 5710882 bnbdnb
bnbdnb's picture

I guess this is bottom calling attempt #2. Can we expect 2-3 more?

Tue, 01/27/2015 - 11:59 | 5710968 KnuckleDragger-X
KnuckleDragger-X's picture

Well we've got FOMC  and 4th quarter GDP coming up so more squirrel bait yet to come.....

Tue, 01/27/2015 - 11:50 | 5710891 Soul Glow
Soul Glow's picture

Precious metals are dominating the markets today. JPM/GS down 2%, NASDAQ and Dow down 2%, dollar down - gold is up to where it was last week.

Tue, 01/27/2015 - 11:50 | 5710892 Thisisbullishright
Thisisbullishright's picture

This country is going straight into the shitter!!

 

......that is all, had to get that off my chest.

 

Tue, 01/27/2015 - 11:52 | 5710906 Ignatius
Ignatius's picture

"I've looked at DOW from both sides now

Both North and South and still somehow

It's life's illusion as I recall

I really don't know DOW ...at all"

 

I think that's a Joni Mitchel song

Tue, 01/27/2015 - 12:00 | 5710957 bullchit
bullchit's picture

You're right.

 

 

Tue, 01/27/2015 - 12:24 | 5711120 HardAssets
HardAssets's picture

Joni Mitchell - wasn't she CIA directed ?

Hmmm . . . I think I've read that pretty much all popular 'culture' has been co-opted to one degree or another since after WW 2.

One reason now that I much prefer jazz, blues, and classical.

Tue, 01/27/2015 - 13:16 | 5711387 davidalan1
davidalan1's picture

dat funny...for sure..

Tue, 01/27/2015 - 11:53 | 5710907 q99x2
q99x2's picture

BTFD there is hardly anyone or anything outside of the NWO that owns stocks. BTFD bitchez. Be aware they only need the Dow around 13,000 to continue to pay pensions.

Tue, 01/27/2015 - 11:55 | 5710911 FreeShitter
FreeShitter's picture

FOMC tomorrow...the markets are begging yeller for MOAR QE. This is the new normal folks.

Tue, 01/27/2015 - 11:53 | 5710912 timmeh
timmeh's picture

BTFD-ed it too early.. now is much better time

Tue, 01/27/2015 - 12:01 | 5710986 timmeh
timmeh's picture

heeeeere we go bitches! it's a recovery!

Tue, 01/27/2015 - 11:54 | 5710917 Conax
Conax's picture

Down 375. 

Is this a lot?

Tue, 01/27/2015 - 11:55 | 5710940 quasimodo
quasimodo's picture

Not nearly enuff IMHO

Tue, 01/27/2015 - 11:56 | 5710947 williambanzai7
williambanzai7's picture

No silly, this is Sparta.

Tue, 01/27/2015 - 11:54 | 5710918 i_call_you_my_base
i_call_you_my_base's picture

People are putting their money on the sidelines.

Tue, 01/27/2015 - 12:18 | 5711087 NoDebt
NoDebt's picture

Excellent sarcasm.

Tue, 01/27/2015 - 11:54 | 5710928 Bangin7GramRocks
Bangin7GramRocks's picture

The fed will fix this with just one tweet. Sad, but true.

Tue, 01/27/2015 - 11:55 | 5710935 BULLSHITARTIST
BULLSHITARTIST's picture

PAGING JAMES BULLARD......OH MR. BULLARD WHERE ART THOU....PAGING MR. BULLARD.....

Tue, 01/27/2015 - 11:55 | 5710936 firstdivision
firstdivision's picture

Obvious BTFD is obvious.

Tue, 01/27/2015 - 11:59 | 5710958 seisen
seisen's picture

 

 

January 27, 16:11 UTC+3

KHMELYOVO VILLAGE (Bryansk Region), January 27. /TASS/.

Western countries’ threats to restrict Russia’s operations through the SWIFT international bank transaction system will prompt Russia’s counter-response without limits, Prime Minister Dmitry Medvedev said on Tuesday.

"We’ll watch developments and if such decisions are made, I want to note that our economic reaction and generally any other reaction will be without limits," he said.

http://itar-tass.com/en/russia/773628

 

just noise?

 

Tue, 01/27/2015 - 11:58 | 5710965 DaMule
DaMule's picture

Volumes must be low? NYC is empty. I wonder why the Russel 2000 is holding up relatively well?

Tue, 01/27/2015 - 11:59 | 5710972 mtndds
mtndds's picture

Total head fake.  Someone will pull a rabbit out of a hat and then the markets will finish up today.  Rinse and repeat.  Same shit everytime.  Must keep the illusion alive.

Tue, 01/27/2015 - 14:13 | 5711689 mtndds
mtndds's picture

what did I say,  Dow is almost 100 pts up from session lows!!  This bitch is going green at the close.  Someone or something will say or happen that will cause it to go green.  Rinse and repeat fella's. 

Tue, 01/27/2015 - 12:01 | 5710974 NIETSNEREM
NIETSNEREM's picture

Bush's fault; didn't you know?

Tue, 01/27/2015 - 12:00 | 5710978 29.5 hours
29.5 hours's picture

 

 

27 Jan. 2015. DOW ends off its lows...

Tue, 01/27/2015 - 12:00 | 5710981 fzrkid
fzrkid's picture

bet the market finishes the day in green

Tue, 01/27/2015 - 12:05 | 5711012 sunny
sunny's picture

Exactly.  All this is preprogrammed giving the PPT a challenging exercise, just to keep them on their toes.

Tue, 01/27/2015 - 12:08 | 5711035 timmeh
timmeh's picture

naah.. they have to save some air for tommorow

Tue, 01/27/2015 - 12:07 | 5711026 undefinedBITS
undefinedBITS's picture

everytime this type of article is posted here it signals the daily low and then stocks recover.. BTFD

Tue, 01/27/2015 - 12:08 | 5711033 czarangelus
czarangelus's picture

Of all the meaningless charades our society is playing dress-up with, the DOW is the biggest of all.

Tue, 01/27/2015 - 12:15 | 5711078 Goldbugger
Goldbugger's picture

Quick print more QE

Tue, 01/27/2015 - 12:18 | 5711091 basho
basho's picture

same s*it different wrapper.

wake me for the commercial.

Tue, 01/27/2015 - 12:19 | 5711093 Shitgum Suicide
Shitgum Suicide's picture

What will the new QE be called? My guess is Equity Assistance. So the next FED statement should read, "easing is unlikely in the foreseeable future. However the markets may require equity assistance."

Green shoots for all. See how easy that was? Hell I could be Fed androgenous chairperson too!

Now where's my fucking check?

Tue, 01/27/2015 - 12:19 | 5711096 T-NUTZ
T-NUTZ's picture

When every clown on zerohedge is saying btfd, the selloff will accelerate.

Tue, 01/27/2015 - 13:30 | 5711466 I Write Code
I Write Code's picture

Not me, I only btfath.

Tue, 01/27/2015 - 14:41 | 5711837 Conax
Conax's picture

+!

You made me

raff.

Tue, 01/27/2015 - 12:19 | 5711097 GMadScientist
GMadScientist's picture

Just somebody please tell me which DOW hat to wear?! :)

Tue, 01/27/2015 - 12:25 | 5711138 Shitgum Suicide
Shitgum Suicide's picture

If you are a trader or an average joe your DOW hat says "bent over".
If you work at the NYSE or the FED your hat will say "raping muppets."

I think those are the only hats that are provided depending on your accreditation.

Tue, 01/27/2015 - 12:46 | 5711237 p00k1e
p00k1e's picture

Hooray, I went to cash in the 401K last week.

 

They'll take it next week in a bail-in.  booo!!!

Tue, 01/27/2015 - 13:29 | 5711455 foodstampbarry
foodstampbarry's picture

The show must go on. The black Jesus in the oval office must be protected at all costs.

Tue, 01/27/2015 - 14:00 | 5711618 Lin S
Lin S's picture

Catherine Austin Fitts seemed pretty positive on stock market outlook for the next two years when she was interviewed by George Noory two weeks ago.  I've always thought of her as a sound thinker.

Am I missing something?

Tue, 01/27/2015 - 14:55 | 5711914 knowshitsurelock
knowshitsurelock's picture

Well, you have to keep the charade going as long as you can, when your only commerce is war and fiat debt.

Tue, 01/27/2015 - 14:53 | 5711920 WezTheJuic
WezTheJuic's picture

Ahhh,

Tit for Tat.  Checks and Balances.

Within the formula of the markets etc, there so much more that goes on in the "back drop".

Social, Economic, Political, Evolution vs. Evilution, Species.

 

Now, are the pieces in place for a full drop?  Well, are the pieces in place for a full war with martial law?  (Looks like russia did not take the bait, or could not play that card.)

 

Think it through, many people who come to this site, CAN.

 

cheers,

 

Pens,

 

AND HEY.  Keep on doing what you do Tyler.  5 by 5.

Tue, 01/27/2015 - 15:35 | 5712201 DrNybble
DrNybble's picture

As of 2:30 Eastern, reality and fear are wearing off and securities traders are again checking back in to Fantasy Island.  Let's see how it goes "on the close".

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