• GoldCore
    01/13/2016 - 12:23
    John Hathaway, respected authority on the gold market and senior portfolio manager with Tocqueville Asset Management has written an excellent research paper on the fundamentals driving...

S&P Gives Up "China Stability" Gains As WTI Tumbles To $31 Handle

Tyler Durden's picture




 

Well that escalated quickly...

 

As Crude tumbles to $31 handle...

 

So stocks plunge into the red...

5
Your rating: None Average: 5 (8 votes)
 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Mon, 01/11/2016 - 11:07 | 7029419 Hitlery_4_Dictator
Mon, 01/11/2016 - 11:13 | 7029467 El Oregonian
El Oregonian's picture

GGRRRRR! I HATE IT WHEN THAT HAPPENS!!!

Mon, 01/11/2016 - 11:19 | 7029523 Soul Glow
Soul Glow's picture

RIP David Bowie.  We can be heros foever and ever.

Mon, 01/11/2016 - 11:23 | 7029547 Mr. Universe
Mr. Universe's picture

Let's dance, put on your red shoes and DANCE the blues.

https://www.youtube.com/watch?v=N4d7Wp9kKjA

Mon, 01/11/2016 - 12:05 | 7029828 Keyser
Keyser's picture

More like Boom Boom, Out Go The Lights...

https://www.youtube.com/watch?v=U4XbV3gCm2Y

 

Mon, 01/11/2016 - 11:14 | 7029473 DirkDiggler11
DirkDiggler11's picture

Dave and James both sing the hell out of the songs from Kill'Em All.... Great pick for today's market action...

Mon, 01/11/2016 - 11:18 | 7029509 Hitlery_4_Dictator
Hitlery_4_Dictator's picture

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

Mon, 01/11/2016 - 11:17 | 7029496 Consuelo
Mon, 01/11/2016 - 11:08 | 7029420 BandGap
BandGap's picture

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.

Mon, 01/11/2016 - 12:50 | 7030119 Not Goldman Sachs
Not Goldman Sachs's picture

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.

Mon, 01/11/2016 - 11:09 | 7029426 Eireann go Brach
Eireann go Brach's picture

Maybe Obama will come on TV and cry that he does not want a stock market crash before he leaves office.

Mon, 01/11/2016 - 11:16 | 7029451 OregonGrown
OregonGrown's picture

"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" 

 

Mon, 01/11/2016 - 11:09 | 7029427 Mark Mywords
Mark Mywords's picture

Yep. Just like 2008.

Back to the future, Doc!

Mon, 01/11/2016 - 11:09 | 7029428 NoDebt
NoDebt's picture

Things fall apart, the center can not hold.

Mon, 01/11/2016 - 11:12 | 7029460 BandGap
BandGap's picture

There will be islands of stability, isn't this what we have been planning for?

 

Mon, 01/11/2016 - 11:14 | 7029477 new game
new game's picture

wolves in packs? roaming for an easy meal?

Mon, 01/11/2016 - 11:09 | 7029429 Global Hunter
Global Hunter's picture

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. 

Mon, 01/11/2016 - 11:12 | 7029458 Early Retirement
Early Retirement's picture

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.

Mon, 01/11/2016 - 11:24 | 7029559 Global Hunter
Global Hunter's picture

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 :) )

Mon, 01/11/2016 - 11:27 | 7029580 new game
new game's picture

that would be interest, as i used to be glued to that shit all day...

Mon, 01/11/2016 - 11:42 | 7029690 Vlad the Inhaler
Vlad the Inhaler's picture

Today the only trade is USDJPY

Mon, 01/11/2016 - 11:20 | 7029521 reload
reload's picture

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!!

Mon, 01/11/2016 - 11:13 | 7029462 new game
new game's picture

the oil soaked cat has bounced...

Mon, 01/11/2016 - 11:22 | 7029540 Winston Churchill
Winston Churchill's picture

Got a match ?

Mon, 01/11/2016 - 11:24 | 7029552 new game
new game's picture

evidence is a bitch...

Mon, 01/11/2016 - 11:13 | 7029465 blown income
blown income's picture

Investors. .ha

Mon, 01/11/2016 - 11:14 | 7029468 Spungo
Spungo's picture

It's different this time because fitbit is valued in heart beats per dollar instead of mouse clicks per dollar.

Mon, 01/11/2016 - 11:14 | 7029471 Consuelo
Mon, 01/11/2016 - 11:16 | 7029476 two hoots
two hoots's picture

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).

Mon, 01/11/2016 - 11:15 | 7029478 Uncle Sugar
Uncle Sugar's picture

Obie is going to tell us it's all good and the Repubs are just negative db's tomorrow. 

Mon, 01/11/2016 - 11:16 | 7029485 DirkDiggler11
DirkDiggler11's picture

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...

Mon, 01/11/2016 - 11:17 | 7029497 Bill of Rights
Bill of Rights's picture

My what an exciting day ....

Mon, 01/11/2016 - 11:17 | 7029503 new game
new game's picture

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...

Mon, 01/11/2016 - 11:18 | 7029508 stant
stant's picture

If the fed was defending 1973 on the sp. what's it defending now?

Mon, 01/11/2016 - 11:28 | 7029586 Global Hunter
Global Hunter's picture

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.

Mon, 01/11/2016 - 11:21 | 7029533 new game
new game's picture

aug and sept lows? we will see.

Do NOT follow this link or you will be banned from the site!