S&P Gives Up "China Stability" Gains As WTI Tumbles To $31 Handle
Well that escalated quickly...
As Crude tumbles to $31 handle...

So stocks plunge into the red...
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Hit the lights.
https://www.youtube.com/watch?v=863fYC-Mb_Q
GGRRRRR! I HATE IT WHEN THAT HAPPENS!!!
RIP David Bowie. We can be heros foever and ever.
Let's dance, put on your red shoes and DANCE the blues.
https://www.youtube.com/watch?v=N4d7Wp9kKjA
More like Boom Boom, Out Go The Lights...
https://www.youtube.com/watch?v=U4XbV3gCm2Y
Dave and James both sing the hell out of the songs from Kill'Em All.... Great pick for today's market action...
Dave still has it. A look into our near future. Dave Mustain is a born again and is the real deal.
"The clock runs out, the weakest link
A deadly strike, the threat is real!"
https://www.youtube.com/watch?v=3-d6LFLpBvw
Right here bro --
https://www.youtube.com/watch?v=qi4_6kS5gto
I have now witnessed, been privaledged to see, three stock market meltdowns since 2000.
We live in interesting times. Stay together with those you love and trust.
Meltdown? Uh jumping the gun there sport. Nothing better in my book but talk to me when SP breaks under 999 or even 1100...that would be melty. This is a slight thaw.
Maybe Obama will come on TV and cry that he does not want a stock market crash before he leaves office.
"I SWEAR all this is Bush's fault....... (sniff, sniff) remember? "
"...... Now Michael and I are going to make an executive order banning all guns and ammo ENSURING I nor any of my team will get sniped, for "fundamentally changing" (ruining) the united states"
Yep. Just like 2008.
Back to the future, Doc!
Things fall apart, the center can not hold.
There will be islands of stability, isn't this what we have been planning for?
wolves in packs? roaming for an easy meal?
Both charts are nearly identical! Its probably mentioned by TD and other posters a lot over the years, but this is unmistakeable, a 5 year old would recognize it.
they trade together tick-by-tick.
there is only 1 trade.
of course, bloomberg will tell you individual investors did supply-demand balances on crude while other investors analyzed shipments of iPhones.
I haven't watched live quotes for 5 years until a few days ago. Last night all the major indexes in Asia and equity futures and Australia were all following similar patterns on a regular-ish interval. Every 30 mins to hour or so there would be a sudden lift off everywhere at once. Looked more rigged than illiquid stocks on the TSX Venture (if it still exists :) )
that would be interest, as i used to be glued to that shit all day...
Today the only trade is USDJPY
until ....suddenly they are not. When the "make market climb at 45deg algo launches" -- as of 8 minutes ago.
Oil on its arse - DJ up 60 points!!
the oil soaked cat has bounced...
Got a match ?
evidence is a bitch...
Investors. .ha
It's different this time because fitbit is valued in heart beats per dollar instead of mouse clicks per dollar.
Oh my...
http://www.zerohedge.com/news/2016-01-06/thats-bottom-oil-market
People moving to the sidelines will exacerbate the selling. People talk over the weekend and move their money to safer ground on Monday but Funds don't make the shift until the next trading day. Forced to sell, the funds bring down the overall markets. The Funds know they will do this and profit on the other side of the trade (and no doubt tell others).
Obie is going to tell us it's all good and the Repubs are just negative db's tomorrow.
Oil will get a two handle by the end of January. My only question is how many barrels can I stack in my backyard once it does...
My what an exciting day ....
seeing 15, 942.37, then 15,370.33
also in my vision, 1871.91, then 1867.01
then the ride gets very interesting.
warning to cat lovers- hide the fucker...
If the fed was defending 1973 on the sp. what's it defending now?
nothing I don't think, letting it down slowly. I thought they were defending 30ish and then tested 36, gave up, tried to defend 22, gave up trying to defend 15ish...ultimately perhaps 1900 level? Ultimately they'll be trying to defend the 666 level but that may be later in the summer.
aug and sept lows? we will see.