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DAX Just Flash-Crashed, Drags US Stocks Lower

Tyler Durden's picture




 

No apparent headlines as the European close looms and DAX Futures just plunged on heavy volume...

 

 

US equities are rolling over on this as-yet-unexplained weakness..

 

Charts:Bloomberg

 

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Wed, 04/15/2015 - 11:24 | 5994671 LawsofPhysics
LawsofPhysics's picture

Yes, but the volume on the DAX "goes to eleven"...

Wed, 04/15/2015 - 11:30 | 5994715 order66
order66's picture

Probability of an emini S&P move to 2120 just went up 60%

Wed, 04/15/2015 - 11:31 | 5994727 jamochavez
jamochavez's picture

yes--to but it goes to 11

Wed, 04/15/2015 - 11:45 | 5994823 max2205
max2205's picture

50 pts on a 12,000 index.......please zzzzzz 

Wed, 04/15/2015 - 12:01 | 5994901 Headbanger
Wed, 04/15/2015 - 11:31 | 5994729 Haus-Targaryen
Haus-Targaryen's picture

The DAX is at 12000.  Mortgages have negative interest rates, as do savings accounts.  The world is coming to an end.   

Wed, 04/15/2015 - 11:33 | 5994742 LawsofPhysics
LawsofPhysics's picture

"Fiat money is coming to an end." - fixed it for you.

Wed, 04/15/2015 - 11:59 | 5994890 KnuckleDragger-X
KnuckleDragger-X's picture

Not end, cease to exist, along with the system's creating it.....

Wed, 04/15/2015 - 11:36 | 5994773 French Frog
French Frog's picture

Please stop calling a 50 points drop in the Dax as a 'flash crash': it makes ZH look desperate for a silly headline and will be laughed at by most traders the world over.

If that was a flash crash, I dare not think what you will have to call the next 1000 points drop in the Dow...

Wed, 04/15/2015 - 11:53 | 5994860 cheech_wizard
cheech_wizard's picture

"epic" is what I'm thinking.

Wed, 04/15/2015 - 12:01 | 5994904 Headbanger
Headbanger's picture

Massive...

Wed, 04/15/2015 - 12:34 | 5995089 SubjectivObject
SubjectivObject's picture

Stunning.

Don't for get Stunning.

Wed, 04/15/2015 - 12:44 | 5995145 Eyeroller
Eyeroller's picture

A cunning stunt...

Wed, 04/15/2015 - 12:52 | 5995204 KnuckleDragger-X
KnuckleDragger-X's picture

In wide screen and Technicolor.....

Wed, 04/15/2015 - 12:12 | 5994965 Peak Finance
Peak Finance's picture

I am sick of these posts from you fucking assholes that know SHIT about trading and the market.

If you are, you know, and ACTUAL TRADER a 50 point move in such a short time is fucking HUGE FUCKING DEAL, if you are trading futures it is an EVEN BIGGER DEAL.

If you are on the right side of the trade you've made your week, wrong side your ass was ripped out. 

 

So fucking learning something about trading I am sick of stupid commentaty from assholes like you. 

Wed, 04/15/2015 - 12:14 | 5994979 LawsofPhysics
LawsofPhysics's picture

No risk no reward you stupid fuck.  Personally, I wouldn't have it any other way.  Fucking pussy.

Wed, 04/15/2015 - 12:19 | 5995012 Farqued Up
Farqued Up's picture

Gee, if it's that sensitive and catastrophic are you being wiped out by concentrating on this thread rather than having your finger on speed dial to the brokerage? I'm miserable enough worrying about my straight stock and bond investments and I would have a heart attack if I traded as you do. Good luck.

Wed, 04/15/2015 - 12:26 | 5995051 czarangelus
czarangelus's picture

If you're still "trading" you deserve whatever you get.

Wed, 04/15/2015 - 12:54 | 5995208 KnuckleDragger-X
KnuckleDragger-X's picture

The only way to win is not to play....

Wed, 04/15/2015 - 12:59 | 5995227 French Frog
French Frog's picture

Quite clearly you (Peak Finance or should it be Bottom Finance lol?) are in need of some MM lessons (that's Money Management, the most important part of trading but a part that you have obviously never contemplated).

If a 50 points move is a "huge fucking deal" and "your ass was ripped out" then I suggest that you need to look at your leverage as it is quite clearly too high and you should leave futures trading alone.

Everything you say sounds like it's coming out of the mouth of a newbie trader who has blown his 1st trading account (or 2nd or 3rd....) and is now blaming everybody else but himself.

I guess you should start here and learn the basics:

www.babypips.com    Start at pre-school level and make your way up...

Wed, 04/15/2015 - 14:51 | 5995820 Peak Finance
Peak Finance's picture

Wow the hate here over my stupid post! LOL! 

I am just saying that a 50 point move in a short term in futures is a big deal, and, something that clearly a lot of people want to know, or they would not bother reporting it!   Even if you are not in the market these wobbles on no news demostrates how broken everything is. So, The posts critical to this "news" that I see over and over is what I can't really understand.

I also said before in old posts that I do a little day trading and swing trading with "play" money that I can afford to lose. No, I don't trust the market. No, I am not going to whine and cry if I get crushed. I enjoy doing a little trading on the side and have been in and out of the market for years now. The bulk of my assets is in physical. 

Wed, 04/15/2015 - 12:07 | 5994934 ZH Snob
ZH Snob's picture

in the new normal isn't this bullish for the DAX?

Wed, 04/15/2015 - 11:24 | 5994675 101 years and c...
101 years and counting's picture

their ppt guy had to take a shit and couldnt wait an extra 15 minutes.

Wed, 04/15/2015 - 11:27 | 5994680 adr
adr's picture

The in the knows got the tap on the shoulder to sell everything because of something major Greek related.

But honestly you are talking about 50 points. What used to be a big move is now seen as a tiny imperceptible blip when the markets move up and down hundreds of points every few minutes.

Wed, 04/15/2015 - 11:26 | 5994681 Callz d Ballz
Callz d Ballz's picture

"lunch not launch!"

Wed, 04/15/2015 - 11:26 | 5994688 Smuckers
Smuckers's picture

Was there only calm breathing on the tape?

Wed, 04/15/2015 - 11:37 | 5994774 Osmium
Osmium's picture

"For God's sakes, open the door"

Wed, 04/15/2015 - 11:28 | 5994702 coulous
coulous's picture

they know !  bund new high ....

Wed, 04/15/2015 - 11:40 | 5994703 NoDebt
NoDebt's picture

I had an old Dodge with a flaky ignition that would sometimes do that.  Turns out the condenser in the old points-style distributor would intermittently ground out when it got hot.  Replaced, ran fine after that.

Maybe the market needs a new condenser.  (And that, ladies and gents, is why people always make quotation marks in the air with their fingers when they call me a "genius".)

Wed, 04/15/2015 - 11:43 | 5994804 Pareto
Pareto's picture

+100 he he heeeeee.  that there is some funny shit right there.

Wed, 04/15/2015 - 12:13 | 5994971 Headbanger
Headbanger's picture

SD:  A lot moar of em would be doing finger quotes if only they knew what a condenser was.

 

Wed, 04/15/2015 - 12:13 | 5994973 Farqued Up
Farqued Up's picture

Yeah!! In those days we could do our own tune ups and even set the timing with a strobe and rotation of the distributor cap. Today, they have to hook up a Star Wars analyzer to tell us that a Spotted Al Gore required gadget is on the blink. Another Benjamin transferred from me to the dealership is the net of the crap. Meanwhile, there are more GMs on recall than autos they sold the past year.

Wed, 04/15/2015 - 11:29 | 5994707 C.A Ahmadine
C.A Ahmadine's picture

If this qualifies as a "crash"...just wait until a the real thing comes...what do we call that?

Wed, 04/15/2015 - 11:40 | 5994786 Falconsixone
Falconsixone's picture

Good riddance?

Wed, 04/15/2015 - 11:29 | 5994712 unplugged
unplugged's picture

how can we call these "crashes" anymore when they are now just normal algo-robot patterns - the 'new normal', right ?

Wed, 04/15/2015 - 11:33 | 5994726 SheepDog-One
SheepDog-One's picture

Crashes back to a few hours ago levels, oh no!
It is kind of funny though seeing just how fake everything actually is.

Wed, 04/15/2015 - 11:32 | 5994733 Squid Viscous
Squid Viscous's picture

wow the definition of a flash crash has changed since May 2010, tyler's panties got in a bunch over 50 pts. in the Dax... lol

Wed, 04/15/2015 - 11:32 | 5994734 Weaponized Innocense
Weaponized Innocense's picture

Forgot to refill the Viagra script!

Wed, 04/15/2015 - 11:33 | 5994743 praps
praps's picture

Looks more like he US going down and taking the DAX with it.

Wed, 04/15/2015 - 11:34 | 5994760 Skiprrrdog
Skiprrrdog's picture

Where did all the comments go....is this the end of ZH as we know it?

Wed, 04/15/2015 - 11:40 | 5994785 Smuckers
Smuckers's picture

Nothing wrong, continue.  - Web Administrator Hilary

Wed, 04/15/2015 - 11:47 | 5994830 astoriajoe
astoriajoe's picture

maybe its all been said.

Wed, 04/15/2015 - 11:35 | 5994764 Iam Yue2
Iam Yue2's picture

Roubini just went bullish.

Wed, 04/15/2015 - 11:37 | 5994776 Glass Seagull
Glass Seagull's picture

 

 

 

"Flash Crash" term being used way, way too liberally these days.

Wed, 04/15/2015 - 11:42 | 5994798 Johnny Fiat and...
Johnny Fiat and The Contangos's picture

Pfffft.  Childs play.  

I'm somehow channeling Crocodile Dundee right now:

"That's not a crash..."

Wed, 04/15/2015 - 11:55 | 5994876 Falconsixone
Falconsixone's picture

Now that's a crock.

Wed, 04/15/2015 - 11:42 | 5994800 Longduckydong
Longduckydong's picture

selloff will last 10 minutes

Wed, 04/15/2015 - 11:44 | 5994817 Falconsixone
Falconsixone's picture

Yes son, I saw the dax above 12000.

Wow! based on what dad?

Wed, 04/15/2015 - 11:47 | 5994828 ebworthen
ebworthen's picture

Is it Germany building 100 new Leopard tanks?

Didn't that cause them some trouble last time?

Wed, 04/15/2015 - 11:47 | 5994831 Rootin' for Putin
Rootin' for Putin's picture

i love these plummeting charts, then you enlarge it to look at the scale and realise its nothing.

Wed, 04/15/2015 - 11:50 | 5994841 richiebaby
richiebaby's picture

Ass crack chick effect?

Wed, 04/15/2015 - 11:50 | 5994844 Falconsixone
Falconsixone's picture

Sell! sell! sell!...buy! buy! buy!....oh!....time to get a job/life.

Wed, 04/15/2015 - 11:51 | 5994851 SheepDog-One
SheepDog-One's picture

Whew....well at least banks remain unscathed by it all.

Wed, 04/15/2015 - 11:55 | 5994870 kaa1016
kaa1016's picture

Plunge? Guys, come on and stop the bullshit. I know more clicks equals more money but stick to real story's that no one else reports on or real market insights and the clicks will come. Don't stoop to this clickbait shit.

Wed, 04/15/2015 - 12:02 | 5994908 The Axe
The Axe's picture

80 points..you must be board Tyler?   everyday same shit...different index

Wed, 04/15/2015 - 12:15 | 5994949 Callz d Ballz
Callz d Ballz's picture

"drags US stocks lower"

Like a bad Snickers commercial, "not going anywhere for awhile"?

 

 

Wed, 04/15/2015 - 12:10 | 5994956 Longduckydong
Longduckydong's picture

there are 2 certainties in life:

1. Zerohedge does great research and I always find the information useful and informative.

2. Zerohedge has probably the worst market predictive track record of any website I read.   If there was an inverse ZH ETF we could all buy it and retire in a year.

The key is knowing what ZH is good for and what's it's not good for.

Wed, 04/15/2015 - 12:11 | 5994958 WTFUD
WTFUD's picture

News Eh !!!!!!!!!!

Using in your face ' facts ' and NOT MSM feed 'em ' fiction ' the spreadsheets in front of me drawn on the previous 3+ years of business with the Top 5 German SME's ( who are spread across the country ) clearly show Prices have dropped on average 8%, 6.5%, 7%, 9% and 4.5% respectively; GREAT NEWS for ME ( being able to lower my add-on's to clients in developing market's with a knock on of increasing sales ) & i expect a LOT of Chinese Companies/ Others.

Furthermore being an important client engaging the top tier of said companies who have divulged that Export Sales in total have Fallen between 8-14% over the aforementioned period.

Germany is in FREE- FALL and amid the chaos i'll be looking forward to even better margins at the cost to the sick EU.

What worries me slightly is that when the shit hits the fan and the natives get restless, blocking my sea and road transport routes WHO IS GONNA COMPENSATE ME? 'cause i ain't accepting ANY credit notes or the like from them bankrupt German Banks.

Wed, 04/15/2015 - 12:22 | 5995028 Callz d Ballz
Callz d Ballz's picture

but Drahgi said QE is working.....

/sarc

Wed, 04/15/2015 - 12:11 | 5994961 Lugnut
Lugnut's picture

4/10 of a percent is now a flash crash? Nigga pleez

Wed, 04/15/2015 - 12:22 | 5995030 NoWayJose
NoWayJose's picture

The Germans said they were getting ready for the Greek default...

Wed, 04/15/2015 - 12:38 | 5995114 disabledvet
disabledvet's picture

Negative yields says crazy long equities.

 

37-38 sounds about right to me.

 

Look at the Nikkei after it collapsed.

Wed, 04/15/2015 - 12:42 | 5995135 Buster Cherry
Buster Cherry's picture

No European headlines???

Didn't Draghi get attacked by a girl this morning??

Wed, 04/15/2015 - 12:43 | 5995138 Sizzurp
Sizzurp's picture

Let's say you are a large fund manager and you are selling all your DAX positions, and maybe selling all your bunds while you are at it.  Where do you put your money?  Euros? Yen?  I think not. Capital always finds a home.

Wed, 04/15/2015 - 14:23 | 5995681 Village-idiot
Village-idiot's picture

The DAX was UP 0.03% today.

https://ca.finance.yahoo.com/q/bc?s=%5EGDAXI&t=5d&l=on&z=l&q=l&c=

Now, that's a flash-crash?

Wed, 04/15/2015 - 15:53 | 5996088 moratar
moratar's picture

You call 0.5% a crash? WTF?

 

 

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