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Stocks Are Tanking - Dow Hits 6-Month Lows
The Dow is now down for the 6th day in a row (and 11 of last 13 days) as it tests 17,400 - its lowest level since January. With The S&P and Small Caps tumbling towards red year-to-date, Nasdaq remains 2015's big winner but is falling precipitously today...
The Dow is down to 6-month lows...
as the entire equity complex tumbles..
as heavy volume is pressing stocks lower...
Right before 11:29 ET, 6k $ES_F contracts rip through that 2080 price level ET in one second. ~11:28 pic.twitter.com/RXlc8lAbai
— rockhowse (@rockhowse) August 6, 2015
Year-to-Date, things are fading fast.
We're gonna need a bigger PPT!
Charts: Bloomberg
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Are the sheeple finally waking up to reality?
China and Russia are dumping US treasuries. QE4 is gonna be epic!
We'll definitely see QE4 before any kind of a rate hike. . .
death cross.
Coming up, the perfect storm.
Stack 'em!
not unless "the Plan" IS to crash the system for the big reset.
This is just a flutter of the eyelids, not awareness.
Exactly, just a brief wake up to take a leak. Then back to the slumber.
Greeple. Freeple. Kazeeple.
Fuckers are only supposed to go up. What gives? Tell me what to do Jim Cramer.
It's all those snow storms in New England and the hurricanes in Florida and.......
Buy Buy Buy....Green Mountain is on Fire! Get in there with both hands.
Seriously...covering shorts in Russel here and just putting feet up on the coffee table for a bit . Jobs# could give a Friday strike pinning bounce for another oportunity to re-short at higher levels.
thank god FB is holding up or the indexes would be getting hammereder / s
If this post doesn't stop the selling - we might actually be in trouble here. #timestamp
treasury yields are dopping, too.
Stocks only go up in the land of the free. It's God showering his blessings on his favorite land. Or, perhaps, Old Yeller manipulating markets higher through Citadel.
That drop in NDQ is a thing of beauty. :-)
"We're pleasantly fucked, and long dildos in yen terms."
~Dennis Gartman~
"green in the last 2 hours of trading...."
Sincerely,
Janet Lew
if the prices are going to where they are worth,,, then it isn't tanking, it is finding the realistic market value.... which is most cases in squat
Gooooooood, let the butthurt flow through your markets.
...only another 8 or 10,000 to go.
"You'll hear the printing presses from Mars". - Marc Faber
Youll never believe this but.....I heard sonething really bad is coming this September.
This summers gonna hurt like a Mother***cker.
I wonder how much of this is foreign funds dumping equities to raise cash - Saudis, ChiComs and such. The Mo Mos are getting asspounded and isn't that where alot of the fast money was.
It's arguable whether the Fed started stock market reinflation in March or April of 2009, but it's sure that six years is a long time. The river of money can't flow forever. Not and remain real money.
"...Since Lehman."
I'm not sure how that fits in but I'm sure it does somehow.
BTFD, a blissful August in the Hampsteins will not be interrupted, not at $50k/month rental fee
Let the blood bath continue
That's not right... [/mortimer]
If you think of all the loans that have been made, via QE, TARP and derivatives, as TITLE loans, then you'll understand what will happen when payments can't be made. TPTB gets legal title! Amazing. Create thin-air money, use it to loan against collateral of title, then crash the system so payments can't be made. Only true financial sociopaths would do that. We call them banksters.
Who needs to listen to 10 air-bag presidential candidates on stage when Mr. Market is approaching the podium with his long-delayed warning on the impending equity valuation collapse. See the free, live futures, weekly and monthly:
http://www.investing.com/indices/us-30-futures-advanced-chart
Ruh-roh, is The Janet going to allow this to happen? I don't think this is her scenario. Too much of this and the Dow 200ma turns flat - which I think Janet has gone back and forth on, whether she will allow it to flounder or whether it should continue to rise.
So let's see if Fed steps in to close on a green hour today, or stands back for 24-48 hours. I'm not sure if they remember how to stand back.
- We're gonna need a bigger PPT!
ROFL! classic.
The US still has a number of tools it can use to keep the markets up.
First, throw anyone who shorts in the slammer.
Second, throw anyone who sells in the slammer.
Third, throw anyone who doesn't buy in the slammer.