Dow Swings 1000 Points In 24 Hours As Crude Carnage Continues

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...

There is a bolded Bradley turn date tomorrow. pic.twitter.com/mHQzTnMUYm

— Helene Meisler (@hmeisler) January 5, 2016

Comments

[db51]

Sweet Jesus....please come and put an end to this fucking shitshow.  Seriously folks....how obviosly criminal does it have to be before some fuckwits go to prison or the sheeple get their pitchforks out.   I can't take much more of this shit.

[Hohum]

db51,

Soma.

[Jungle Jim]

What about gold?

[jmaloy5365]

ZH is the most informative financial site EVER, I've heard it time and time again. BTFD

[theyjustcantstop]

all this talk about fixing, to late.

did you read the article the other day, the 18-26 yr. olds, the millineals, who arethe majority, retiring, I don't blame them.

the govt brought in 25-40 million illegals to take their jobs, and in america it pays better not to work.

cloward pliven has won, and we have our democracy, we also have our Assad, ergadon, just as the Syrian, and turkeys democracies.

the top 20% earning bracket will be 75% for a few years until their in shape to quit, or retire, then there will be no tax base.