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deFANGed: Market Darlings Fail To Rise In Choppy Tape

Submitted by Tyler Durden on 10/08/2015 11:45 -0400

US equity markets have shrugged off China's disappointing open and surged back to the highs of the day (with Trannies leading). However, a few of the "gurus" favorite stocks are not buying the dip... as the so-called FANG names are notably weaker over the last 3 days...

FANG FUBAR

Weighing down Nasdaq as the rest rally... as Trannies rise 0.75% on the day...

Charts: Bloomberg

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Thu, 10/08/2015 - 11:47 | 6644504 arbwhore

AAPL TSLA ...

Thu, 10/08/2015 - 11:49 | 6644513 Groundhog Day

Is someone liquidating

Thu, 10/08/2015 - 12:02 | 6644598 Central Bankster

C'mon Tyler, we all know they're gonna squeeze this further, before they drop the hammer.

Thu, 10/08/2015 - 12:33 | 6644731 max2205

AAPL is only off 150 billion from 52 week highs....no biggie right?

Thu, 10/08/2015 - 11:51 | 6644526 thismarketisrigged

How the fuck is every stawk red and yet the fucking dow is green while the other indexes are fucking flat?

Thu, 10/08/2015 - 11:52 | 6644539 Mark Mywords

God.

Thu, 10/08/2015 - 11:58 | 6644545 RopeADope

Indexes are now seasonally adjusted.

All kidding aside, the 'poverty' stocks and the 'we drop bombs on folks' stocks are keeping the market up for now.

Thu, 10/08/2015 - 11:56 | 6644557 KnuckleDragger-X

The Dow is made up of 30 "blue chip" stocks allegedly representing their market sectors. With HFT's, they are very easy to bend up with the S&P right behind them, floating on a half a dozen big names like Apple.....

Thu, 10/08/2015 - 11:51 | 6644528 Rodders75

Canary meets coalmine

Thu, 10/08/2015 - 11:52 | 6644536 KnuckleDragger-X

Not too surprising and I can hardly wait for the quarterly reports to start dropping into the markets like steaming turds......

Thu, 10/08/2015 - 11:55 | 6644558 Hype Alert

Why wouldn't that be bullish like all the other bad news that's been streaming out.

Thu, 10/08/2015 - 12:13 | 6644638 abyssinian

FANG Bang Thank You ma'am

Thu, 10/08/2015 - 12:16 | 6644649 NubianSundance

Amazing, DOW back up to nearly 17k. Harry Dent's prediction of 14-15k by the end of October has two weeks to go.

Thu, 10/08/2015 - 12:17 | 6644657 Osmium

My guess is the S&Pee will hit 2k today and the DOW back above 17k

Thu, 10/08/2015 - 12:20 | 6644671 NubianSundance

Give me a money printing press and I'll make the DOW whatever you want it to be.

Thu, 10/08/2015 - 12:49 | 6644853 abyssinian

Harry Dent will jump off the bridge soon. Poor guy, I like him too, and I do agree on most of the thing he said.

Thu, 10/08/2015 - 12:19 | 6644669 orangegeek

my finger smells....again

Thu, 10/08/2015 - 12:25 | 6644698 mijev

"US equity markets have shrugged off China's disappointing open"

Tyler stole Bloomberg's favorite headline. Whenever the markets jump on shitty data, they always say the markets "shrugged off" or "looked past" what any idiot can see is plainly a ghastly economic situtaion.

deFANGed: Market Darlings Fail To Rise In Choppy Tape

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