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Nasdaq "Death Crosses" For First Time Since 2012

Tyler Durden's picture




 

With Biotechs in a bear market, and Nasdaq having dropped back into negative territory for 2015, the year's leading equity index has now joined the rest of the majors and completed its "death cross."

 

The 50-day moving average has crossed below the 200-day moving average creating a "death cross."

 

It did not end well for The Dow, S&P, or Small Caps.

 

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Mon, 09/28/2015 - 09:43 | 6601495 Traderbeauty
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Interesting to see if it holds below.

Mon, 09/28/2015 - 09:44 | 6601497 NoIdea
NoIdea's picture

It's going to be a big day for the PPT. Can they get it green by the close?

Mon, 09/28/2015 - 09:47 | 6601506 KnuckleDragger-X
KnuckleDragger-X's picture

Get it green, probably, but it's getting harder to keep it green. The sheep are running out of money and the players are cashing out. It's HFT's all the way down.....

Mon, 09/28/2015 - 10:05 | 6601561 Nothing Ever Happens
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It's HFT's all the way down.....

Huge fucking turtles?

Mon, 09/28/2015 - 10:17 | 6601624 KnuckleDragger-X
KnuckleDragger-X's picture

Hot frigging turds.....

Mon, 09/28/2015 - 10:02 | 6601552 Sanity Bear
Sanity Bear's picture

They do defend that Dow 16k mark like a tiger defending her babies, don't they?

Mon, 09/28/2015 - 10:37 | 6601704 bnbdnb
bnbdnb's picture

Its just a bunch of programs trying to beat each other up.

Mon, 09/28/2015 - 12:05 | 6602072 Dsyno
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You mean, beat each other down.

Mon, 09/28/2015 - 10:38 | 6601705 KnuckleDragger-X
KnuckleDragger-X's picture

They have to defend it because the trend is not your friend and we could easily cross from correction range and fall into "OH SHIT!!!!" range and start the long slide......

Mon, 09/28/2015 - 09:47 | 6601507 stant
stant's picture

Who cares , we are going to war any way. Won't be just play in the sand box one this time. It will be air sea land battle: bitchez!

Mon, 09/28/2015 - 09:53 | 6601522 vq1
vq1's picture

wait war with who? Isnt perpetual war the status quo now?

 

 "War is Peace, Freedom is Slavery, Ignorance is Strength"

-orwell

Mon, 09/28/2015 - 09:56 | 6601535 TeethVillage88s
TeethVillage88s's picture

War is Democracy, Slavery is Peace, Bank Fees and Interest are Freedom, Ignorance is Strength, Fraud is Strength, Cheating is Competition, Monopolies are Best.

Mon, 09/28/2015 - 09:53 | 6601523 TeethVillage88s
TeethVillage88s's picture

Sea, Air, Land, Space, Sub-surface, Cyber-Space, Social Media, MSM (press), World Stage, and in the Mafia world of favors, titles, land, gifts, money.

Mon, 09/28/2015 - 11:06 | 6601822 stant
stant's picture

You are correct , I was trying to keep it short and sweet so I could work bitchez in there some where

Mon, 09/28/2015 - 10:03 | 6601513 Dr. Engali
Dr. Engali's picture

How can this be? The new iPhone 6s is out.

Mon, 09/28/2015 - 10:04 | 6601556 TeethVillage88s
TeethVillage88s's picture

Double Peaked NASDAC? Happens when no talent Ivy League people fund anything that will fog a mirror.

Some people call it a financial bubble, I like to call it a Kaiser Blade.

S/

I thing I just lost it on that one.

Mon, 09/28/2015 - 09:55 | 6601528 Lorca's Novena
Lorca's Novena's picture

Its OK, the Blood Moon caused a glitch...

Mon, 09/28/2015 - 09:58 | 6601541 hxc
hxc's picture

Seasonal maladjustment

Mon, 09/28/2015 - 10:01 | 6601549 TeethVillage88s
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I heard Janet stopped shaving her legs and arm pits.

She wanted to imagine what it was like to live a common life.

Mon, 09/28/2015 - 09:59 | 6601542 TeethVillage88s
TeethVillage88s's picture

I stuck my Simitar up the Schmitta's Ass.

a curved, single-edged sword of Oriental origin. Origin of scimitar. Expand. Italian · Persian. 1540-1550. 1540-50; < Italian scimitarra, ultimately < Persian.

Mon, 09/28/2015 - 09:57 | 6601537 starman
starman's picture

Obama will get another peace  price for the Syrian war! 

Mon, 09/28/2015 - 10:10 | 6601586 TeethVillage88s
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Naw, the Nobel Committee think it is breath taking to see a black man completely turn his back on his own people with all of the advantages and gifts he receives.

They quietly tolerate him now in Scandinavia. They are civil, but they will never invite him back nor open their homes to such a callous war monger and Geneva Conventions Breaker.

I have one thing I can always cling too as long as I live.

No one can ever say I was more bullshit than Barrak Obama Esq.

Mon, 09/28/2015 - 10:06 | 6601566 thatdudeisntme
thatdudeisntme's picture

it's hunt for red october

Mon, 09/28/2015 - 10:08 | 6601571 Jim in MN
Jim in MN's picture

Bullish for speedmetal, black metal, and death metal.

Mon, 09/28/2015 - 10:13 | 6601605 TeethVillage88s
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Bullish for Indian and Asian Techies.

Mon, 09/28/2015 - 10:11 | 6601591 oklaboy
oklaboy's picture

This is going to be fun

Mon, 09/28/2015 - 10:14 | 6601610 Consuelo
Consuelo's picture

 

 

 When the traffic on Hwy. 101 from South San Jose to Redwood City gets 'sparse', that's when you'll know the Twatter economy of the Nas has woken to reality.    Not quite yet, but I sense a gaggle of CFO types aren't going to wait around like they did last time to ramp up the pink slip printing press.

Mon, 09/28/2015 - 10:17 | 6601626 Be_Optimistic
Be_Optimistic's picture

If I hear the term "death cross" one more frickin time I'm going to explode

Mon, 09/28/2015 - 10:26 | 6601650 falak pema
falak pema's picture

Cross Death's sickle with your blade and as the sparks fly, like stars in the milky way, you find out what biting the dust feels like... when your blade rusts and the sky goes black night under the deadly scythe.

Death cross is the signal when the rust sets in and dust gets beckoned like the fatal shroud to cover an appointment with the Tusk of Death goring Dusk's fall via twilight zone  into Sunset.

Do markets act like humans dying in war?

It worth writing a novel on that theme : suddenly or by a thousand cuts !

Mon, 09/28/2015 - 12:17 | 6602134 orangegeek
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Tue, 09/29/2015 - 01:31 | 6605468 honestann
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!!!!!  LOOK OUT BELOW  !!!!!

Do NOT follow this link or you will be banned from the site!