"We got this..." Right up until around 55 seconds in the following clip...
China was ugly...
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And Greece crashed 30% at the open...
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An early bounce and the ubiquitous pre-EU close ramp both failed to hold stocks which had an ugly day... notice the dump after Europ closed and the ramp after 330ET... as VIX was smashed
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Energy stocks led the downturn...
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As WTI led stocks broadly...
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Carnage in AAPL and TWTR...
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as stocks catch down to bond yields...
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VIX flash crashed in a desprate bid to get S&P back to VWAP... right as PR defaulted
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AND sure enough S&P Futs tagged VWAP and turned around...
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It appears hope is fading that Macro will help us...
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Treasury yields leaked higher overnight but plunged after weak data...
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The US Dollar pushed generally higher today with a retracement into the EU close that then recovered to the days highs...
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Commodities continueed to get clobbered...
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But crude was utterly carnaged today...
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Charts: Bloomberg
Bonus Chart: Main Street Lost!!
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