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Stocks Are Tanking - Dow Down 200Pts, Near Monday's Lows

Tyler Durden's picture




 

Amid heavy volume at the open, US equity markets are rapidly reverting to Monday's lows. The Dow is now down 200 points from the Monday highs. Having seen the biggest squeeze on Monday, small caps are leading the plunge.

 

 

Allmajor cash indices are now red for the week... Small Caps leading the plunge.

 

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Wed, 08/19/2015 - 09:41 | 6443321 JustObserving
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American exceptionalism will ensure that US stocks rise while global stocks fall.  Or the Fed buying through its unofficial arm, Citadel.

American exceptionalism is backed by corrupt, criminal, crony capitalism.

Wed, 08/19/2015 - 09:48 | 6443347 Headbanger
Headbanger's picture

No no no...

It's all the Wall Street banksters selling out fast cause their name is on the Ashley Madison list

And they need to hide their cash before getting hit with a divorce notice!

Holy shit!   IS ASHLEY MADISON THE BLACK SWAN EVENT!?

Wed, 08/19/2015 - 09:57 | 6443355 JustObserving
JustObserving's picture

Wonder how many Goldman employees are on the list?

Or how many not on the list?

 

How many Congressmen and Senators? How many judges? How many cops?  How many TV evangelists?

How many FBI/NSA/CIA personnel?  Will they all be fired as they can now be blackmailed by hostile powers?

Wed, 08/19/2015 - 10:10 | 6443452 Motasaurus
Motasaurus's picture

It's too soon, too soon. It's not September yet.

Wed, 08/19/2015 - 11:26 | 6443752 negative rates
negative rates's picture

If they like the power of their jobs so much they can work for free, if not, then YES!

Wed, 08/19/2015 - 16:02 | 6444925 Oracle 911
Oracle 911's picture

Why are you assuming the Goldman Sachs (ex)employees are not pedos or something else?

Wed, 08/19/2015 - 10:43 | 6443571 nuclearsquid
nuclearsquid's picture

Headbanger...

The best comment on the 'hedge EVER.

Wed, 08/19/2015 - 10:16 | 6443483 order66
order66's picture

Could the PPT be any more obvious in ES @ 74.75?

Wed, 08/19/2015 - 09:41 | 6443330 Uchtdorf
Uchtdorf's picture

Dear Santa, all I want for Christmas is a printing press. I promise not to abuse it.

Wed, 08/19/2015 - 10:04 | 6443424 Crash Overide
Crash Overide's picture

Paper, paper, paper, 10101010101101010...

 

Gold and Silver are fun.

Wed, 08/19/2015 - 10:14 | 6443475 Possible Impact
Wed, 08/19/2015 - 09:42 | 6443332 Dr. Engali
Dr. Engali's picture

Funny how the "plunges" are always capped at 200 pts.

Wed, 08/19/2015 - 09:43 | 6443335 Osmium
Osmium's picture

Can't have the indexes down 1%

Wed, 08/19/2015 - 09:59 | 6443393 Uchtdorf
Uchtdorf's picture

Yeah, but these are not your father's 200 points. The Black Monday crash of 1987 was a 508 point fall. My grandfather, having been born in 1901 and having lived through the Great Depression, was watching the news on that fateful day in 1987 and said, "That's it. Another depression."

Nowadays Yellin can burp and the market will move 200 points. (I apologize in advance for the awful olfactory image.)

Wed, 08/19/2015 - 09:50 | 6443354 Seasmoke
Seasmoke's picture

Will ignore it. Until I see -700 for 7 days in a row.

Wed, 08/19/2015 - 11:29 | 6443765 negative rates
negative rates's picture

You can ignore it until doomsday, after that it's all consequences, pays, and bitches.

Wed, 08/19/2015 - 09:52 | 6443362 IntercoursetheEU
IntercoursetheEU's picture

Here comes the Drano

Wed, 08/19/2015 - 09:56 | 6443372 Keltner Channel Surf
Keltner Channel Surf's picture

Looks like another Fed-day 'buying vacuum' early down to SPY 200 DMA, if true to past form we'll bounce like hell back to the 150 or more, with perhaps a double-touch or two, as algos trace out their best/worst FOMC case, but it it can't hold, then it'll be the biggest pre-statement drop I can recall in some time.

Wed, 08/19/2015 - 09:58 | 6443385 buzzsaw99
buzzsaw99's picture

equity bear takes a shot at "the market"

algoz gang rape the fuck out of him

equity bear takes another shot at "the market"

algoz gang rape the fuck out of him again

equity bear takes another shot at "the market"...

it reminds me of the joke about the bear hunter.

bear says: i take it you're not here for the hunting?

Wed, 08/19/2015 - 09:59 | 6443391 firstdivision
firstdivision's picture

T-minus 30 minutes for the 10:30 buy everything brigade (aka BOJ, BOE, FED, ECB, et al).  Green by EOD bitches.

Wed, 08/19/2015 - 10:01 | 6443398 fuu
fuu's picture

Too many traders/fedsters checking if they now owe alimoney and child support at: https://ashley.cynic.al/

Wed, 08/19/2015 - 10:01 | 6443403 JJdog
JJdog's picture

Not to worry, Goldman, HFT and the Feds will start buying up soon, and Yellen and the rest of the scam feds governors will hint they might not raise rates before end of the day and everything will be green again! Back by the cheerleading clowns on CNBC

Wed, 08/19/2015 - 10:01 | 6443404 valley chick
valley chick's picture

Fed minutes today.....all under control.... BTFD.   Same as it ever was.

Wed, 08/19/2015 - 10:07 | 6443437 The worst trader
The worst trader's picture

And the second this hits the web the market starts creeping up......................nothing to see here just BTFD

Wed, 08/19/2015 - 10:10 | 6443451 Chad_the_short_...
Chad_the_short_seller's picture

Whatever you do, keep shorting individual stocks and stay the FUCK AWAY from going long the VIX and you'll win. It's that simple.

Wed, 08/19/2015 - 10:11 | 6443464 Thisisbullishright
Thisisbullishright's picture

Straight line up basically since 10 minutes after the open!!

You really can't make this shit up....

FUCKING BULLSHIT!!!!   I'm sick of it.

 

Wed, 08/19/2015 - 10:21 | 6443509 brushhog
brushhog's picture

One of these days the Plunge Protection Team will go silent. Buying the dip has become a game of russian roulette, and 3 chambers have already come up empty.

Wed, 08/19/2015 - 10:29 | 6443534 leeholsen12
leeholsen12's picture

 

hit s+p 2100 and i shorted, janet's not going to let this thing drop; so you just gotta swing with it.

"And we were swinging yes we were swinging"

Wed, 08/19/2015 - 10:46 | 6443552 SSRI Junkie
SSRI Junkie's picture

--> zh calls bottom

--> too early to tell

Wed, 08/19/2015 - 10:59 | 6443646 Consuelo
Consuelo's picture

Is a carrier task group en route to the South China sea...?   Massing of Russian armor near Mariupol...?   The party doesn't begin until something gets going on those (2) fronts.

 

 

Wed, 08/19/2015 - 13:12 | 6444222 Tjeff1
Tjeff1's picture

Will be positive by close

Wed, 08/19/2015 - 14:17 | 6444489 Tjeff1
Tjeff1's picture

aHEM

Wed, 08/19/2015 - 15:13 | 6444730 MASTER OF UNIVERSE
MASTER OF UNIVERSE's picture

It's great to have a metric like the DOW set up every week to be kicked in the nuts for all the world to see, and laugh at.

 

Up yours, GE, CAT, et al.

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