FANGs, Dow Enter Correction, Tesla Tumbles

Tyler Durden's picture




 

But they said "never sell" - FANTAsy stocks are in trouble with FANGs down 11.5% year-to-date and Tesla plunging over 17% since the holidays... the last pillar of US equity market strength has officially broken...

FANGs FUBAR...

 

FANTAsy F##ked...

 

Dow dumped...

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Thu, 01/14/2016 - 09:55 | 7045528 spekulatn
spekulatn's picture

That's a shame.

 

/sarc off

Thu, 01/14/2016 - 10:01 | 7045551 Durrmockracy
Durrmockracy's picture

Fuck you Suckerberg!!

Thu, 01/14/2016 - 10:02 | 7045554 mtndds
mtndds's picture

I guess the "BULLARD EFFECT"  doesnt work anymore.

Thu, 01/14/2016 - 10:31 | 7045666 tgatliff
tgatliff's picture

THe Bullard Effect only works when there is a potential for more stimulus behind it.  His comments this morning were only about potentially delaying additional rate rises.   The equity machine needs MOAR stimulus to keep rising.

I think the FED realizes now that their previous stimulus actions were more harmful than helpful.  The only additional stimulus we will see moving forward is if wall street pulls another 2008 where they threaten to destroy the global economy unless they get what they want.   

Thu, 01/14/2016 - 10:38 | 7045687 DeadFred
DeadFred's picture

I don't know how long it will work but I went to make some toast and coffee and came back to see the Nasdaq uo 2% from when I left. 24 minutes

Calm as usual. LOL

Thu, 01/14/2016 - 10:42 | 7045724 ThaBigPerm
ThaBigPerm's picture

"ZH calls the bottom" ramp posse in full effect

Thu, 01/14/2016 - 10:49 | 7045759 12357111317
12357111317's picture

The trend is your friend.

I only call bottoms "phat" or "lovely".   :-)

Thu, 01/14/2016 - 12:29 | 7046265 El Viejo
El Viejo's picture

I wonder if there is a correlation between Gold and Electric Cars?

Thu, 01/14/2016 - 10:20 | 7045552 Croesus
Croesus's picture

They should enter a correction, better yet, I hope they fucking crash into oblivion, and all of their bullshit valuations take the "fortunes" of the owners into the shitter with them. 

 

Thu, 01/14/2016 - 10:30 | 7045660 Site
Site's picture

How sweet would it be to see suckerberg pan handling on the side of the road?

Thu, 01/14/2016 - 10:02 | 7045555 Disc Jockey
Disc Jockey's picture

Final Fantasy MMXVI?

Thu, 01/14/2016 - 09:57 | 7045540 The Merovingian
The Merovingian's picture

We de-fanged some folks....

Thu, 01/14/2016 - 09:58 | 7045541 Dr. Engali
Dr. Engali's picture

You mean that there's no demand for over priced electric cars when gas is $1.50 a gallon? ...., SHOCKER (pun intended).

Thu, 01/14/2016 - 10:19 | 7045629 vq1
vq1's picture

yea but it still has ludicrous mode

Thu, 01/14/2016 - 10:23 | 7045641 Temporalist
Temporalist's picture

For when you want to drive yourself to the poorhouse

Thu, 01/14/2016 - 10:25 | 7045647 Agent P
Agent P's picture

Gas prices be damned.  As long as there are self-centered liberals, there will be plenty of demand for coal powered cars! 

Thu, 01/14/2016 - 09:59 | 7045542 DirkDiggler11
DirkDiggler11's picture

Maybe this can convince Bezos to do a Foxconn swan dive from the space needle in Seattle ???

Pretty please, Howard Shultz can be his jump buddy ....

Edited because can't spell

Thu, 01/14/2016 - 10:00 | 7045549 E.F. Mutton
E.F. Mutton's picture

I foresee running a Krispy Kreme franchise in Elon's future...

Thu, 01/14/2016 - 10:03 | 7045561 Agent P
Agent P's picture

poor little Muskrat

Thu, 01/14/2016 - 10:14 | 7045571 ParkAveFlasher
ParkAveFlasher's picture

That's a respectable living: adding value, scaling efficiencies and trading surplus for profit by selling what there is real demand for i.e. what real economies are based on.

It's a step up from patent trolling, regulatory capture, financialization, resource-hoarding, vanity projects, and rent-seeking, which is how most of our illustrious billionaires make their billions.

Thu, 01/14/2016 - 10:33 | 7045674 vq1
vq1's picture

maybe if its a krispy kreme on mars....

 

"fastest growing areas of startup investment "

Annualized growth since 2012

1. Bitcoin

2. Photo Sharing

3. Physical Storage

4. SPACE TRAVEL

 


Thu, 01/14/2016 - 10:04 | 7045564 strangeglove
strangeglove's picture

Dont buy until you see blood!

Thu, 01/14/2016 - 10:09 | 7045581 Winston Churchill
Winston Churchill's picture

Don't buy fullstop.

Most should already be in BK court, Musk especially.I don;t object to someone selling crap

unkowingly, but he knows damn well he has nothing new.TESLA was always a race against time,

well times up Elon.

Thu, 01/14/2016 - 10:05 | 7045567 buzzsaw99
buzzsaw99's picture

FB is still a quarter of a trillion dollar company bitchez. /s

Thu, 01/14/2016 - 10:19 | 7045625 Agent P
Agent P's picture

FB is the biggest waste of time since the invention of the television.  I would love to see the calculated loss of productivity as a result of its existence. 

Thu, 01/14/2016 - 10:26 | 7045649 The Merovingian
The Merovingian's picture

I would guess roughly equal to its implied current BV.

Thu, 01/14/2016 - 14:13 | 7046839 JuliaS
JuliaS's picture

Human workers are becoming obsolete. While some technology works hard eliminating jobs, other half keeps people pacified and entertained.

If a button pusher spends his days updating FB, so be it. He wasn't doing anything productive to begin with, moving numbers from cell A1 to A2.

Narcissistic consumers? Fuck'em. Let them live out their lives glued to their cell phones. Less competition and obstruction for people willing to exist physically, go places and see things with their own eyes. Let them consumers grow fat cultivating farmville pixels.

The more time people choose to waste, the easier the life gets for the rest of us who don't participate in this self-worhiping culture, who use their own hands to make lives better.

Thu, 01/14/2016 - 10:06 | 7045568 Seasmoke
Seasmoke's picture

Someone text me when it crashes below September lows. (Hopefully today !!)

Thu, 01/14/2016 - 10:17 | 7045615 Disc Jockey
Disc Jockey's picture

"The view from the bottom of the Grand Canyon ain't got nothing on this bitch!"

-4:00EST 

Thu, 01/14/2016 - 10:07 | 7045570 12357111317
12357111317's picture

test

 

Thu, 01/14/2016 - 10:07 | 7045573 12357111317
12357111317's picture

test

Thu, 01/14/2016 - 10:08 | 7045574 Osmium
Osmium's picture

It's just a flesh wound.

Thu, 01/14/2016 - 10:08 | 7045575 jme540
jme540's picture

When Tesla is sufficiently cheap, Saudis may buy and close it.

Thu, 01/14/2016 - 10:11 | 7045589 orangegeek
orangegeek's picture

There's nothing of value in "electric cars that burn".  All the majors sell electric cars.

 

ECTB/TSLA hype is all that they have that is proprietary.  Buy ECTB because the neighbors just did.

 

In the mean time, fuckhead musk is onto rockets - another technology that no one else has - LMFAO

 

 

Thu, 01/14/2016 - 10:08 | 7045576 12357111317
12357111317's picture

test

Thu, 01/14/2016 - 10:10 | 7045584 Winnipegger
Winnipegger's picture

Transitory... that's the story!

Thu, 01/14/2016 - 10:12 | 7045596 XXL66
XXL66's picture

if Tesla breaks 190 it will get ugly

Thu, 01/14/2016 - 10:14 | 7045603 Dragon HAwk
Dragon HAwk's picture

Goldman Sachs, JPMorgan, Bank of America, Morgan Stanley, Citigroup, Deutsche Bank, Barclays, Credit Suisse, UBS,
( Rumors are they are all ONE Bank )

who would start such a rumor.. ( reposted one time ) I'm done somebody else can spread that obviously false rummor  /s

 

Thu, 01/14/2016 - 10:17 | 7045608 SillySalesmanQu...
SillySalesmanQuestion's picture

I am the spirit of bubble blowing future...come and see what damage has yet to be wrought...

Thu, 01/14/2016 - 10:15 | 7045611 Squid Viscous
Squid Viscous's picture

Life is just a FANTAsy, can you live this fantasy life?

- Aldo Nova

Thu, 01/14/2016 - 10:44 | 7045733 Consuelo
Consuelo's picture

Did you have to do that...?   Remind me of my age, that is...

Thu, 01/14/2016 - 10:47 | 7045749 12357111317
12357111317's picture

Row row row your boat gently down the stream.

Merrily merrily merrily merrily life is but a dream.  :-)

Thu, 01/14/2016 - 19:11 | 7048327 12357111317
12357111317's picture

Better old than dead.   :-)

Thu, 01/14/2016 - 10:26 | 7045631 Keltner Channel Surf
Keltner Channel Surf's picture

Nascent rescue mission attempt #1 commenced 10:04.    In the Fed-fueled past the early plunges were fake-outs to get short fuel for the boomerang, but now for the big, bad bear to keep going and not consolidate we'll need one of these rescue attempts to fail, 'cause the algo stops would have big bucks behind them.   Popcorn a-poppin' ... 

(they just blew thru some index VWAPs pretty easily, not necessarily a good sign for bears ...)

Thu, 01/14/2016 - 10:23 | 7045640 Early Retirement
Early Retirement's picture

PPT is on FIRE! Musk is a Jew and there are special rules against him feeling any pain.

Thu, 01/14/2016 - 10:45 | 7045741 12357111317
12357111317's picture

WHERE are all the PROTESTANTS?  They created the USA.  Now they're invisible, except thumping their bibles and saying, "we need to outlaw drugs and contraceptives, and bomb people in other countries".  How come they're not inventing solar cars and other neat stuff?  How come they're not on the Supreme Court?  Did they just give up?  I see the Roman Catholics didn't give up.  Not at all.  Roman Catholics have six people on the Supreme Court.  SHAME, Protestants!  You're not only not winning any games any more; you're not even PLAYING in any games anymore.

Thu, 01/14/2016 - 10:25 | 7045646 ifishivote
ifishivote's picture

A little to early for these charts.. markets are now up, and going higher today. PPT working hard

Thu, 01/14/2016 - 10:26 | 7045652 MadVladtheconquerer
MadVladtheconquerer's picture

FUBAR--the Spanish infinitive "to be fucked up beyond all recognition"

Yo fuboy

Usted fuba

Tu fubas

Thu, 01/14/2016 - 10:34 | 7045676 Seasmoke
Seasmoke's picture

Good to see ZH hasn't lost its magical low of the day powers. I was getting very worried there the past few days. But all is good again. Strange how it doesn't work when they post Gold And Silver though.

Thu, 01/14/2016 - 10:37 | 7045684 MrMorden
MrMorden's picture

Gold bitchez?

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