Financials Underperform Amid Lowest Volume Of The Year

Tyler Durden's picture

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bnbdnb's picture

No short covering, no volume. Slow melt down to 1000.

redpill's picture

Anyone have a tourniquet?  I think Unicredit is about to bleed out.

anyways's picture

@bnbdnb: u made me smile :-)

common_sense's picture

US Robotics from FED are into the market, with not too high short covering, not too much volume at all.... hummmm, may be now is a "normal" august, and september is coming?

Well everything is possible with US robotics from FED. They have enough money to push UP for several months, weeks or days?? Or the last rally was the effect of the last QE-Twist? so, nothing more at the horizon...

GeneMarchbanks's picture

Copper $ both up. Ramp was on cue.

El Viejo's picture

 "The end of Democracy and the defeat of the American Revolution will occur when government falls into the hands of lending institutions and moneyed incorporations."  Thomas Jefferson's picture

I'll take "Stock Market" For a $1000 Alex..The answer..."Unexplained Low Volume"......"What happens when a bunch of people planning to buy MSFT today, but saw that Buffett just did, and decide to pass?"

camaro68ss's picture

Famous tittys for  $200 please

slewie the pi-rat's picture

and the JeopardyTM answer is:

He Invented The Man-Bra 

(anyone anwered Robo_T will be disqualifed, disgraced, and dismembered + cue music here)


topcallingtroll's picture

Who was Kramer.

It was called the Bro.

Hansel's picture

Yep, this should not be happening in the middle of November.

Missiondweller's picture

The low volume reminds me of what old timers recalled from the 70's. Investors had left the market and volumes were abysmal.

chump666's picture

We have a liquidity slowdown, should have come maybe into mid/late December, but it is happening now.  Very bearish signal.  Italy is still the main focus, Monti budget will be laughed out of Italy's parliament.  If Germany is preparing for a EU country/s to exit.  Might as well place Italy at the top of that list.

The market ranges are looking very tight on tiny volumes.  If profit taking takes place + a panic, you'll have a massive leg down before th end of the year.

chump666's picture

Oh sh*t how on earth can we forget about the other trillion dollar Euro beat-down...Spain

The ECB is sidelined because the Germans don't want inflion.  SO Italy/Spain debt  sales were crap.

Shorts fixed.  Risk aversion on.  Tequila on tap. ah yeah

slaughterer's picture

If only it were as simple as setting some shorts and kicking back with Tequila and some Pixies vinyl, but ...

chump666's picture

I just did.  But no Pixies album playing in the background, which is a shame, excellent band.

Check your charts, with volumes this bad, tight/sideways ranges.  Another shock kicking in, probably Spain this time and something, maybe China sinking + profit taking going awkward etc

Georgesblog's picture

Smart people. Beyond water, food and shelter, no one should risk anything beyond securing the priorities. With all of the paper flying around, people should just bump their heads and give themselves amnesia.

pragmatic hobo's picture

I don't get it ... low-volume=higher-equity, no?

BobPaulson's picture

Volume AND indices down? Whoa, say it isn't so.

oldman's picture


Is this your idea of a joke? Where is the 'liquidity of the capital markets' or whatever they call it today?

Oh, no------this is not the end of confidence and trust, I hope------No money? What does this mean, can't you just put it on my credit card?

Looks like you dudes are right-----we are fishing in a froze-up sea;   

Now what?    just wait?

DN                                 om