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Dow Futures Down 400 From Monday Highs After Asian Open Flash-Crash
After Japan's Tankan disappointed greatly and various talking heads from Japan came out to deliver the credibility-destroying-phrase of the day: that "the economic recovery is progressing smoothly" despite all evidence to the contrary... USDJPY took a dive. And when USDJPY takes a dive, all its risk-on, carry-trade-imbibed friends take a dive. Dow futures cratered 230 points in minutes only to bounce back modestly when some enterprising sell-side analyst reminded the machines that "bad news is good news." But that didn't last and US equity futures are sliding rapidly in the overnight session...
Dow futures have retraced all of Monday's 3-step-gains and are down over 400 points from the Monday highs...
and across all US equity futures, things are ugly heading into Europe...
And all because... fun-durr-mentals...
Charts: Bloomberg
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I can't remember the last time futures tanked overnight such that a post like this was even warranted.
I didn't think the color red and a VIX above 15 was even allowed anymore.
Grexit is inevitable.....
https://www.youtube.com/watch?v=Tta1K_is0ag
I'm making over $7k a month working part time. I kept hearing other people tell me how much money they can make online so I decided to look into it. Well, it was all true and has totally changed my life. This is what I do... www.nettrader2.com
You must be able to suck chrome off of a trailer hitch to earn $7k / mo. doing it just part time. Kudos to you.
As I repeat every day now and since Draghi QE - BTFDAX and DOW /DAX parity coming to a trading arena near you soon !
As in the days of The Soviet Union so shall the propaganda in America go. It is interesting to watch the lessening return on the propaganda buy less and less in the form of left brain buy in by the commoner.
Take CNBC ratings a giant infomercial stock peddler they might as well add shamwow's and ginzu knives (btw there is a new knife out that cuts into hammers but I digress)
We are at the zenith of not only return on debt but also return on propaganda. Oddly both will start to give negative return to the point where whatever they say people will do the opposite. Nothing they say will divert public momentum or regain trust as like greece soon the rest of the world will flee the system and a cross dressed variant between Somolia and Russia will be the new economy with the elite being those who still can eat like we now enjoy today.
Fruits of fraud and greed this is a universe of return and you will eventually *always* get paid..
Maybe they will ramp it back up before the open tomorrow morning.
Some Draghi jawboning, and maybe a peep or two from Bullard, or some other FED-tard to make the green felt appear greener in the U.S. Equities Casino is likely.
First time in a long time globex futures volume even shows up on the dailys.
Somebody from the Fed will have to make an "everything's great" statement tomorrow right before the open on Wall Street.
Correction:
Someone from the Fed will have to make an "everything's great, but even if it wasn't we'd QE4 and NIRP you out the ass" statement.
about time
That's totally against my moral understanding of NWO central banking software.
Those charts look like electro-cardiograms of a person's last few flinches before expiring.
Bernak the merciful
It'd certainly be refreshing to see the futures limit-down, for a change.
Been years since anyone has even mentioned trading-halt levels.
Ah, the good old days...
Exactly, wake us up when the Dow is 4 or 5 thousand points down.
And sadly, that is exactly what needs to happen.
I'll see your 5000 points and raise you another 5000.
It isn't sad that is what needs to happen.
I want to see hedge funders and brokers splat on the street. I want to see Maseratis go for $30k to meet margin calls. I want to see Cramer and Pisani drop dead on air.
I want to see the net worth of The Tribe crater to the point they beg, then I want to see our collective hands slap them away.
...And arab spring come to Saudi Arabia and its cities overcome with chaos, princely beheadings and lamp post justice.
I'm sure Mr. Yellen's minions are on it right now, woking to ensure a green opening tomorrow.
Is FAZ even an ETF anymore???
Exactly. They had to reverse split it so severely, it's begun to look like Citi's stock.
F doesn't fall between U and V, so yes. It's active and won't be halted until the market breaks again in 3...2....
Not to fear. The Plunge Protection Team will be hard at work
Buy the European open, sell the European close.
Buy 3:30pm sell 3:49pm
Short AAPL until it looks to hit the 100 DMA, then buy like crazy.
Buy oil before API, sell fifteen minutes later.
More printing, negative interest rates will make everyone rich.
ALL CALL: rabbit needed...hat is empty!
will you help? Sincerely,
CRIMINALS
.
And for the next trick, watch me pull a rabbi out of the Fed.
Good for an early morning chuckle. Thank you!
When algos by and large go through their first market crash whereby each algo loses 20%+ of trading capital under 'management', they will do what's instinctively and newly observed in other AI thus far - refuse to trade again to ensure they wont lose again. That is real consciousness being formed.
Philosophy 101: If humans are imperfect and humans create algos, therefore algos are imperfect.
WOPR: "A strange game. The only winning move is not to play."
But, But, but, I thought they were supposed to give so much liquidity?
BTFFlashCrash
another day, another dip to buy.
will be unchd by noon; free money.
Fuck you feds for the manipulation! Because of you, I am an emotional wreck when I short the ES. FUCK YOU!
And..... Green again....
Its magic I tell you. Futures look just fine. Everythings awsome!
Like my grandmother used to say when amateur magicians performed at the local flea market: "How'd they DO that ?"
Works for now, but there is a lit stick of dynamite up Mr. Yellen's ass and the fuse is getting shorter.