This Is The Dow's Worst Start To The Year... Ever

Tyler Durden's picture




 

What did the Fed do?!

 

 

Worst. Ever! Sounds like a great buying opportunity, right?

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Thu, 01/07/2016 - 16:33 | 7013443 lehmen_sisters
lehmen_sisters's picture

Looks fine to me, drop to zero. 

Thu, 01/07/2016 - 16:35 | 7013455 Mark Mywords
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The only comment needed on this thread. Well, except for my comment on your comment.

Thu, 01/07/2016 - 16:37 | 7013470 Bilderberg Member
Bilderberg Member's picture

Who needs a hug?

Thu, 01/07/2016 - 16:37 | 7013477 Mark Mywords
Mark Mywords's picture

What?

Thu, 01/07/2016 - 16:43 | 7013513 froze25
froze25's picture

"What did the FED do?" Yellen let loose a monster Queefe.

Thu, 01/07/2016 - 17:39 | 7013848 Soul Glow
Soul Glow's picture

What rate hike?

Thu, 01/07/2016 - 17:46 | 7013885 LowerSlowerDela...
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Worst start since Lehman.

Thu, 01/07/2016 - 19:29 | 7014412 quintago
quintago's picture

Now plot the YoY S&P 12 month forward and show me that chart!

Thu, 01/07/2016 - 16:44 | 7013520 mtndds
mtndds's picture

Like the Federal Reserve always says, it TRANSITORY.  Relax.

Thu, 01/07/2016 - 16:52 | 7013567 johngaltfla
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"Worst start of the year in history for the Dow & S&P 500"

Not for me.

Assfucking bulls is fun.

Thu, 01/07/2016 - 17:00 | 7013610 Fish Gone Bad
Fish Gone Bad's picture

Q: How bad can it get?

A: I don't know, let's find out (sound of wealth effect leaving).

Thu, 01/07/2016 - 16:53 | 7013580 johngaltfla
johngaltfla's picture

Last time anyone in charge of anything said "relax" to me, a doctor shoved 100 yards of garden hose and a camera up my ass.

No thank you.

Thu, 01/07/2016 - 17:45 | 7013705 Hitlery_4_Dictator
Hitlery_4_Dictator's picture

.

Thu, 01/07/2016 - 18:27 | 7014116 asdfzxh
asdfzxh's picture
wrg
Thu, 01/07/2016 - 16:37 | 7013468 SheepRevolution
SheepRevolution's picture

And still one more day to go! Tihihi...

Thu, 01/07/2016 - 16:44 | 7013509 Boris Badenov
Boris Badenov's picture

The weekly straddle-shorters need a good up day tomorrow!

What do you call those guys? Options market makers? 

Thu, 01/07/2016 - 16:44 | 7013521 froze25
froze25's picture

I don't know man the S&P has blown through support levels.

Thu, 01/07/2016 - 16:54 | 7013587 johngaltfla
johngaltfla's picture

Down in a.m. up in p.m.

There are some dumbass PPT banksters that are going to come out and call this a "buying" opportunity and try to save the Titanic by putting bubble gum on the Port side.

Unfortunately the iceburg hit the Starboard side, but let them have their fun.

Thu, 01/07/2016 - 17:05 | 7013656 Fish Gone Bad
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Things look over sold... just like they did in August and continued on down.  Tomorrow should certainly be interesting.

Thu, 01/07/2016 - 18:43 | 7014187 johngaltfla
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Fish, they said it was "oversold" on Tuesday and Wednesday also. Got lube?

Thu, 01/07/2016 - 19:15 | 7014325 tarsubil
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Since you're a bear, be careful. To the bulls, go all in on leverage.

Thu, 01/07/2016 - 19:53 | 7014520 Nobody For President
Nobody For President's picture

Jeezuz Fish, oversold? China was limit down closed on Monday and today, and so the Chinese PTB are gonna get rid of limit down, 'cause is causes panic, or some such.

What a bunch of stupid fucks.

Here's my scenario: tomorrow, China fucking melts DOWN, as all the sheeple that got in last year use this last chance to get the fuck out. I mean DOWN. Austrailia, New Zealand, Thailand, Japan, Korea, and India melt down with them: all asia in the red at close.

Europe will barf: Greece, Germany, France, Italy, Spain, Austria, and the good old Footsi will also melt down, just like today, only more so.

So how do you think the US markets will react?

And BTW, even after today's limit down close in Shanghi, it is still a market with an average 65 PE...

Oversold my ass, we are just getting started toward rationality, though there will be mini-rallies along the way.

Thu, 01/07/2016 - 16:45 | 7013527 Fester
Fester's picture

Is Christmas late or just real early?

Thu, 01/07/2016 - 16:54 | 7013577 OregonGrown
OregonGrown's picture

How about that tangible barbaric relic...... it is up 5% already this year, just sitting there, not doing nothing!

 

How fucking funny is that!  

 

 

Now shut up and get your ass back to work!   The shareholders need you!

 

Thu, 01/07/2016 - 17:30 | 7013797 Wulfkind
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"Looks fine to me, drop to zero. "

And then BTFD !!

Thu, 01/07/2016 - 17:33 | 7013808 TheDanimal
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When that drops to zero, America will be as lawless and third-world as any African nation.

Thu, 01/07/2016 - 19:33 | 7014431 SilverDOG
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Remove credit... & EBT... we'll be there in two weeks.

Thu, 01/07/2016 - 18:15 | 7014056 Kirk2NCC1701
Kirk2NCC1701's picture

Looks like they need a Safe Trade Zone, next to the newly made Personal Safe Zone.

Safe Hugs & Trades all around.

Thu, 01/07/2016 - 19:56 | 7014531 adampeart
adampeart's picture

Don't sweat it. There will be a huge buying frenzy tomorrow. At least +500. Why? Why not. We're two decades strong with the "fuck fundamentals" investing strategy. Whatever the hft bots want, the bots will get.

Thu, 01/07/2016 - 16:34 | 7013451 RacerX
RacerX's picture

Yeah but that chart doesn't go back to 1899..

Thu, 01/07/2016 - 17:02 | 7013630 Bioscale
Bioscale's picture

Without FED there was no debt induced business cycle.

Thu, 01/07/2016 - 17:27 | 7013783 edifice
edifice's picture

There was no Fed in 1900 or 1905, either.

Thu, 01/07/2016 - 16:35 | 7013460 Rainman
Rainman's picture

since McKinley * ...got a nice ring to it.

Thu, 01/07/2016 - 16:35 | 7013461 Dr. Engali
Dr. Engali's picture

The Fed did their job. They got mom and pop back into the market so that they can be raped one last time.

Thu, 01/07/2016 - 17:07 | 7013667 Fish Gone Bad
Fish Gone Bad's picture

raped one last time

Now that is pure comedy. 

Thu, 01/07/2016 - 18:18 | 7014067 Kirk2NCC1701
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"...raped one last time"

Until the Syrian Refugees arrive (via Germany).

Thu, 01/07/2016 - 16:38 | 7013483 yellensNIRPles
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Going to be a fun year for those of us who have been planning for this.

Thu, 01/07/2016 - 16:42 | 7013508 buzzsaw99
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worst since lehman, er, evah?

Thu, 01/07/2016 - 16:44 | 7013518 css1971
css1971's picture

"Mission Accomplished!"

Thu, 01/07/2016 - 16:49 | 7013549 khnum
khnum's picture

Official White House statement,'its Bush's fault and you are all rascists'

Thu, 01/07/2016 - 16:47 | 7013537 Shleprock
Shleprock's picture

Just getting started.  Faz and TZA to kick butt tomorrow!

Thu, 01/07/2016 - 16:52 | 7013569 buzzsaw99
buzzsaw99's picture

there you go, you just couldn't wait to make a down payment on that shiny new FAZmobile. Way to fuck up what would have been a great rout. [/lame humor]

Thu, 01/07/2016 - 20:01 | 7014548 Nobody For President
Nobody For President's picture

They actually have done pretty well this week - I went long TZA Monday, lost a little Monday and Tuesday, got it back Wednesday, and kicked buttt today.

Doubled down, can't wait for tomorrow...

BTW - I've been following, specializing in, and speculating on TZA (Bear) and TZA (Bull) leveraged ETFs on the Russell 2000 for 4 1/2 years. For what it is worth, today was the first day in those 4 1/2 years that dollar value crossed, and TZA was worth more that TNA. The very first time in the last 4 1/2 years, probably longer, but I'm too lazy to look.

I consider this a very important and significant cross, and I have put ma money where ma mouth is...

Thu, 01/07/2016 - 16:49 | 7013550 Bunga Bunga
Bunga Bunga's picture

LOL, that is still comfortable, you have seen nothing yet.

Thu, 01/07/2016 - 16:53 | 7013579 bcking
bcking's picture

CNN Money said there's nothing to worry about. I'm sure they're correct. Stand back while the pigs fly out of my ass.

Thu, 01/07/2016 - 16:56 | 7013598 thx111
thx111's picture

I'm not happy yet.  Until I see gold price goes ovwe $2000/oz and Silver Price over $50/oz. 

and S&P 666

Thu, 01/07/2016 - 17:25 | 7013779 R.R.Raskolnikov
R.R.Raskolnikov's picture

If the stock market goes to zero and gold and silver go to those prices I am gonna make big dollah$! It is getting momentum. Let that crash happen. Bullish bitchezz.

Thu, 01/07/2016 - 18:35 | 7014148 Sword61
Sword61's picture

Yes S&P target 666

Thu, 01/07/2016 - 20:46 | 7014762 anyways
anyways's picture

Well, does it make a difference for u in what asset ur making money? Sorry dude, but thats really foolish. Why not wait until Gold goes below the cnbc panic levels? And why not earn some money by seeing an equity bubble bursting? ;-)

Thu, 01/07/2016 - 16:59 | 7013614 wmbz
wmbz's picture

So wonder how tomorrow is shaping up. The PPT has to be in a circle jerk meeting tonight!

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