• Sprott Money
    01/11/2016 - 08:59
    Many price-battered precious metals investors may currently be sitting on some quantity of capital that they plan to convert into gold and silver, but they are wondering when “the best time” is to do...

Dow Swings 1000 Points In 24 Hours As Crude Carnage Continues

Tyler Durden's picture




 

1000 points of Dow swings, VIX manipulations, and desperate talking heads, and still red...

 

On the day, Nasdaq was red, S&P unch, Small Caps green...

 

As China's inability to maintain stability started things off in the overnight session...

 

For some context of the chaos, The Dow covered at least 1000 points in the last 24 hours...

 

FANTAsy stocks flailed...

 

AAPL was unhappy at Japanese news...

 

Gunmakers love Obama...

 

Energy stocks surged (notably after the news of an Aramco bus on fire) but crude did not...

 

And we note also that XIV (Inverse VIX ETF) was smashed higher at the same time... Someone wanted stocks higher in the face of potential problems...

 

 

While stocks oscillated wildly, Treasury yields also swung around from -3bps to +3bps ending with the long-end underperforming...

 

The USDollar Index rose once again hitting one-month highs... (though we note that Asian FX was unch against the Dollar on the day)

 

As The Loonie hit a new 12 year low...

 

Gold and Silver rallied furthger, despite the dollar gains, copper was flat but crude crumbled...

 

Crude pushed notably lower, back below $36 to 2-week lows...

 

Charts: Bloomberg

Bonus Chart: Something to consider...

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Tue, 01/05/2016 - 16:04 | 7001541 PoliceThePolice
PoliceThePolice's picture

Janet Yellen got it green for the day. Yup, I'm talking about her shitty panties and not the market.

Tue, 01/05/2016 - 16:11 | 7001581 IRC162
Tue, 01/05/2016 - 16:35 | 7001684 NoDebt
NoDebt's picture

Anybody got a clue on that last chart?  Sounds complicated.  I'm just out of energy to google it.

 

Tue, 01/05/2016 - 16:41 | 7001711 atomp
atomp's picture

I stopped googling after I got to something about Astrology

Tue, 01/05/2016 - 16:57 | 7001776 Jtrillian
Jtrillian's picture

That Etrade video is MONEY! 

Tue, 01/05/2016 - 17:02 | 7001800 Doña K
Doña K's picture

Got dizzy watching these roller coaster charts. No shame?

Where is the investing police?

Tue, 01/05/2016 - 18:04 | 7002018 highandwired
highandwired's picture

Richard Fisher admits Stock Markets are Fake!  https://www.youtube.com/watch?v=pnIYZiWlaUY

Tue, 01/05/2016 - 18:17 | 7002061 Four chan
Four chan's picture

fuck you etrade baby.

Tue, 01/05/2016 - 18:13 | 7002047 sun tzu
sun tzu's picture

Watching porn

Tue, 01/05/2016 - 16:59 | 7001784 r00t61
r00t61's picture

http://bradleysiderograph.com/financial-astrology/

"Financial Astrology, which is also known as Stock Market Astrology, is the study of how the Sun, Moon, and planets affect human emotion, which is reflected in the world financial markets (i.e., leveraging the concept of “as above, so below”).  Humans often like to think of themselves as logical creatures, but they frequently find themselves being driven by “animal spirits,” as described by John Maynard Keynes."

This Tyler must be a palm reader on the side.

Tue, 01/05/2016 - 20:30 | 7002583 Lets Buy The Dip
Lets Buy The Dip's picture

the last chart could be APPLE going down the tube!!!

 

Apple keeps getting KICKED IN THE BALLS lately!!! OUCH.

SEE THE CHART HERE ==> http://www.bit.ly/1B4K0wk

Down -2% today. I see lots of analysts saying to BUY APPLE, but if you see that chart, its no where near a buy signal. Went down 2% today. OUCHIE!!

Tue, 01/05/2016 - 16:26 | 7001653 Janet Shalom Be...
Janet Shalom Bernanke's picture

I depend on my Depends, just as this market depends on your tax dollars to keep it propped-up.

If someone would have asked me as a child what I would end-up doing for a living, I probably would have said:  become a nurse or a teacher;  I could never have imagined becoming a market manipulating corrupt hag, intent on desperately trying to prop-up a failed, broken economy.  

 

 

Tue, 01/05/2016 - 16:45 | 7001726 Kirk2NCC1701
Kirk2NCC1701's picture

Derivates trying to maintain DYNAMIC STABILITY, causing whip-saw action and porn charts for ZH.

Anyone besides TD, get a Schadenfreude woodie?

Tue, 01/05/2016 - 17:43 | 7001940 junction
junction's picture

All Aboard! The Yellen Cyclone roller coaster is not making any stops.  And please, ignore the screaming from passengers whose cars have already derailed and plunged to the ground.  Those muppets knew what they were getting into when they boarded the ride.

Tue, 01/05/2016 - 18:51 | 7002205 Buck Johnson
Buck Johnson's picture

PPT was working overtime to protect the markets.

 

Tue, 01/05/2016 - 16:04 | 7001544 Soul Glow
Soul Glow's picture

And the Fed hasn't - and can't - raise rates.

Tue, 01/05/2016 - 16:34 | 7001679 SILVERGEDDON
SILVERGEDDON's picture

HFT is smashing volatility up, down, ass backwards, and sideways to ride this bitch assed market to higher profit.

Everything is fine - move along, nothing to see here.

Muppets and sheeple couldn't afford the seat prices for this game.

Tue, 01/05/2016 - 16:04 | 7001546 Hitlery_4_Dictator
Hitlery_4_Dictator's picture

I wish I was black, obama showed us whites how it's done. Whites are going to sit down and take it. 

Tue, 01/05/2016 - 16:07 | 7001560 FreeShitter
FreeShitter's picture

What happened to your 400+ call? 

Tue, 01/05/2016 - 16:09 | 7001571 Hitlery_4_Dictator
Hitlery_4_Dictator's picture

+400 on Wednesday. Obama's gun control stole my thunder. 

Tue, 01/05/2016 - 16:17 | 7001609 Hitlery_4_Dictator
Hitlery_4_Dictator's picture

the 3 percent are 100% not goign to do shit. 

Tue, 01/05/2016 - 16:17 | 7001610 scintillator9
scintillator9's picture

If not, just move it to Thursday, Friday, then Monday, Tuesday, Wednesday, Thursday and Friday of the following week(s).

Or, just remove the + sign, and say 400 point move, and one will certainly be right on almost any trading day now. Or, non trading day if someone forgot to turn off the algos.

 

Tue, 01/05/2016 - 19:30 | 7002362 logicalman
logicalman's picture

Soon the algos will turn off YOU!

Maybe they have already

 

Tue, 01/05/2016 - 17:11 | 7001826 GeezerGeek
GeezerGeek's picture

Now that he's stolen you thunder, he's going to try to steal your guns.

"Anyone who reads ZeroHedge is not sane and therefore cannot possess guns. Nor can anyone in their household." - Love, Barry and Loretta.

Tue, 01/05/2016 - 16:06 | 7001552 _ConanTheLibert...
_ConanTheLibertarian_'s picture

Final contractions of the corpse.

Tue, 01/05/2016 - 16:09 | 7001575 hobopants
hobopants's picture

Nah this fucker is on life support and will continue to be until someone pulls the plug. The lights are on but nobody is home.

Tue, 01/05/2016 - 16:12 | 7001586 WTFRLY
WTFRLY's picture

Exactly, and that's what they'll do to America, just turn out the lights and walk away. This place will tear itself apart like the Walking Dead.

Tue, 01/05/2016 - 16:21 | 7001597 hobopants
hobopants's picture

Yep...except the zombies have more respect for personal property. If Black Friday is any indication, big screen TVs will get looted before the grocery stores. God bless America.

 

Tue, 01/05/2016 - 16:22 | 7001634 FreeShitter
FreeShitter's picture

3 days w/o water and the zombies are toast...so they get 3 days to enjoy that shit.

Tue, 01/05/2016 - 17:08 | 7001822 HungryPorkChop
HungryPorkChop's picture

No that's 3 days before they break in and burn down everything in sight trying to find food and water.  It'll make the Walking Dead look like a Disney flick.   

Tue, 01/05/2016 - 18:25 | 7002087 sun tzu
sun tzu's picture

The good part is you don't have to headshot these zombies

Tue, 01/05/2016 - 18:40 | 7002146 WTFRLY
WTFRLY's picture

Sun Tzu is on to something here.

Tue, 01/05/2016 - 20:49 | 7002660 Site
Site's picture

Within 3 weeks of a failure of the magnitude we are talking about most of the zombies will be zombies

Tue, 01/05/2016 - 17:25 | 7001866 jcdenton
jcdenton's picture

Allow me to add something here ..

I just lost my dad right after Thanksgiving. I was in ICU and witnessed his passing. He died from a combination of heart failure, kidney failure, complicated by pneumonia. He was 82, and lived a long and prosperous life.

He was on life support (respirator) at the time of his death. We all watched as his heart rate went to zero. His brain activity (EKG) shortly followed. We as a family then decided to take him off life support.

As we sat with my dad's corpse, I noticed on the scopes that the heart rate read zero, but the line graph was not completely flat line, and was showing some activity. The doctor explained to us that was residual electrical activity. Hollywood is wrong showing a complete flat line. That never happens.

So, a corpse can show residual electrical activity for some time past no heart rate and brain activity. I suggest that may well be what we are witnessing with the economy, if we treat it as a living organism. The economy died on Monday, August 24. We took it off life support then. [1]

As Jim Sinclair stated to Greg Hunter on Tues. Aug. 25, all other activity post the 24th is and will be PSYOPs. It's all a charade. The corpse is just showing residual electrical activity.

Some ancient civilizations would actually prop up the corpse of a dead king on his throne, and believe to themselves that via some magic he still rules. I believe we may well be doing the same or similar here ..

 

--------

[1] Then again, maybe we didn't. But, the result is the same. Just because a corpse is on life support, does not bring back the heart beat and brain activity. One is fooling themselves here.

Tue, 01/05/2016 - 18:13 | 7002046 logos5
logos5's picture

Sorry about your dad, jcdenton

Tue, 01/05/2016 - 20:21 | 7002540 401K of Dooom
401K of Dooom's picture

Mr. Denton, let me offer my condolences on the loss of your father.  I know what it is like to lose a parent as my own father passed away this year.  The strange thing was that he passed away in April and my mother died ten years earlier in 2005.  As a matter of fact, she and my father both died on the same day of the month, which was an amazing coincidence.  My father expressed his desire that he wanted to pass away quickly and without any complications, especially from a prolonged illness or complications of any kind.  By god he got his wish and I am glad that he did.  Thank you lord for the painless death of my father!

Tue, 01/05/2016 - 21:30 | 7002815 3rdWorldTrillionaire
3rdWorldTrillionaire's picture

I believe I speak for everyone here when I say, "truly sorry for your loss."

Tue, 01/05/2016 - 21:38 | 7002842 AdolfSchicklgruber
AdolfSchicklgruber's picture

Brilliant comment. Kudos to you for using words like "corpse," Americans have a way of using blurry language to describe things that are unpleasant and "corpse" is a word that doesnt get used anymore, especially to describe a deceased loved one. Anyone who can describe what you describe the way you did is surely more intelligent and aware of reality than 99.9 percent of the toilet bowl we live in. Thank you for sharing this.

Tue, 01/05/2016 - 16:06 | 7001555 Rainman
Rainman's picture

If AAPL got to working on an i-gun they might be on to something

Tue, 01/05/2016 - 16:22 | 7001590 stant
stant's picture

Check out the intelliscope . Converts a iPhone into a targeting computer for your gun

Tue, 01/05/2016 - 16:26 | 7001650 Sonic the porcupine
Sonic the porcupine's picture

Luke you switched off your targeting computer, what's wrong?

Tue, 01/05/2016 - 16:54 | 7001763 seek
Tue, 01/05/2016 - 17:44 | 7001944 Tall Tom
Tall Tom's picture

No thanks.

 

It would probably be loaded with NSA spyware.

Tue, 01/05/2016 - 16:07 | 7001558 stant
stant's picture

Great job ppt team 6 , extra ration of hookers and blow for that one. Ppt team 7 your up next . Lights out at 10 get some rest. Gona be a big one

Tue, 01/05/2016 - 16:09 | 7001568 Shizzmoney
Tue, 01/05/2016 - 16:09 | 7001573 BlueStreet
BlueStreet's picture

The path of least resistance is the toilet. 

Tue, 01/05/2016 - 16:14 | 7001594 22winmag
22winmag's picture

Fiber is your friend.

 

The sooner that shit is our of your system, the better.

Tue, 01/05/2016 - 16:39 | 7001706 NoDebt
NoDebt's picture

Never underestimate the importance of a good bowel movement.  It's one of my top 10 most important things to know as you go through life.  Above it on the list is "If it flies, floats or fucks, better to rent."  Just below it is "Never trust a fart."

 

Tue, 01/05/2016 - 17:05 | 7001808 BeansMcGreens
BeansMcGreens's picture

Where does "Hug a possum, lose an ear" fit in?

Tue, 01/05/2016 - 18:29 | 7002098 stormsailor
stormsailor's picture

see that, it's shit,  see this, its shinola.

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