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Stocks Tumble After Eurogroup Meeting Ends: "No Talks Until After Referendum"

Tyler Durden's picture




 

Surprise! The Eurogroup conference call has ended and there's no deal in sight until after the referendum.

  • *KAZIMIR SAYS NO GREECE TALKS UNTIL AFTER REFERENDUM

Small Caps are leading the way...

 

 

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Wed, 07/01/2015 - 12:48 | 6258630 EscapeKey
EscapeKey's picture

buy stocks, leak rumour of greek capitulation, sell stocks, rumour denied

and it's all perfectly legal!

 

Wed, 07/01/2015 - 12:51 | 6258637 hendrik1730
hendrik1730's picture

You are right. This is a shameful show.

Wed, 07/01/2015 - 12:51 | 6258638 nickels
nickels's picture

The Greeks will be out of debt soon if they can keep this up--

Wed, 07/01/2015 - 13:18 | 6258746 Bush Baby
Bush Baby's picture

The EU and Greece in collussion , milking the market until the Greek debt is paid -- I love it !!

Wed, 07/01/2015 - 12:52 | 6258643 Quintus
Quintus's picture

Still more than +100 points since the totally false and officially denied rumour was 'Leaked'.  Love how that works.

Wed, 07/01/2015 - 13:14 | 6258727 Bush Baby
Bush Baby's picture

That's also how they bang VIX

Wed, 07/01/2015 - 14:26 | 6259028 Crocodile
Crocodile's picture

That is the NY Federal Reserve that controls that by shorting the VIX.  They let it go for a couple of days because you can't let a good crisis go to waste and like in February; volatility will just vanish, then rinse and squeeze and repeat.

Wed, 07/01/2015 - 12:52 | 6258645 KnuckleDragger-X
KnuckleDragger-X's picture

Rumors are much easier to bend up.....

Wed, 07/01/2015 - 12:51 | 6258640 Oh regional Indian
Oh regional Indian's picture

Refer-End-em?

Could it be?

Lost either way? 

Wicked way with words....

Fri, 07/03/2015 - 10:58 | 6266077 WillyGroper
WillyGroper's picture

ReeferEnd'em...focus.

Wed, 07/01/2015 - 12:56 | 6258657 Philo Beddoe
Philo Beddoe's picture

Just for shits and giggles bring up this topic at your 4th of July barbies this weekend. Should be fun for a few minutes until you have to run to the toolshed and hit yourself over the head with a shovel.

Wed, 07/01/2015 - 12:57 | 6258661 inevitablecollapse
inevitablecollapse's picture

pure, unadulterated shit-show

Wed, 07/01/2015 - 12:57 | 6258662 RogerMud
RogerMud's picture

A referendum is the very last thing EC wants. Merkel + Tsipras kiss and make up by Friday.

Wed, 07/01/2015 - 13:25 | 6258773 elegance
elegance's picture

Were that to happen = civil war.

Wed, 07/01/2015 - 13:00 | 6258670 yrad
yrad's picture

Popcorn.

Wed, 07/01/2015 - 13:50 | 6258871 flapdoodle
flapdoodle's picture

The best performing investment for the second half of 2015 - adult diapers. Long Depends!

Wed, 07/01/2015 - 13:17 | 6258739 mpath
mpath's picture

It really seems like the news coming out is following Woody Dorsey's turn dates. Just since June 11th, his turn dates have produced over 130 SPX points. Over 1100 since September 2014.

So here we are again-right at another turn date 07/01--secondary top off of the 22nd top date? You want to see these dates-trust me

Wed, 07/01/2015 - 13:46 | 6258857 yudd
yudd's picture

so are you saying the SPX will top today and then go down

Wed, 07/01/2015 - 14:15 | 6258985 RogerMud
RogerMud's picture

if you're short it will go up

Wed, 07/01/2015 - 15:47 | 6259261 H H Henry P P P...
H H Henry P P P Paulson's picture

The reason stocks crashed so hard back in 2008 was because the Lehman bankruptcy news came abruptly over the weekend.

This Greece scenario has already been saturated on all the finance news sites to the point where it has lobotomized the investors and prevented any panic selling.  Something else has to happen that isn't being shown on the news.....

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