EMOTION MOVING MARKETS NOW: 11/100 EXTREME FEAR
PREVIOUS CLOSE: 11/100 EXTREME FEAR
ONE WEEK AGO: 9/100 EXTREME FEAR
ONE MONTH AGO: 25/100 EXTREME FEAR
ONE YEAR AGO: 37/100 FEAR
Put and Call Options: EXTREME FEAR During the last five trading days, volume in put options has lagged volume in call options by 25.60% as investors make bullish bets in their portfolios. However, this is still among the highest levels of put buying seen during the last two years, indicating extreme fear on the part of investors.
Market Volatility: EXTREME FEAR The CBOE Volatility Index (VIX) is at 19.14, 34.83% above its 50-day moving average and indicates that investors are concerned about the near-term values of their portfolios.
Stock Price Strength: EXTREME FEAR The number of stocks hitting 52-week lows is slightly greater than the number hitting highs and is at the lower end of its range, indicating extreme fear.
PIVOT POINTS
EURUSD [30] | GBPUSD [31] | USDJPY [32] | USDCAD [33] | AUDUSD [34] | EURJPY [35] | EURCHF [36] | EURGBP [37]| GBPJPY [38] | NZDUSD [39] | USDCHF [40] | EURAUD [41] | AUDJPY
[42]
S&P 500 (ES) [43] | NASDAQ 100 (NQ) [44] | DOW 30 (YM) [45] | RUSSELL 2000 (TF) [46]| Euro (6E) [47] |Pound (6B) [48]
EUROSTOXX 50 (FESX) [49] | DAX 30 (FDAX) [50] | BOBL (FGBM) [51] | SCHATZ (FGBS) [52] | BUND (FGBL) [53]
CRUDE OIL (CL) [54] | GOLD (GC) [55]
MEME OF THE DAY – IT’S THE JERKS [56]
UNUSUAL ACTIVITY
TSLA SEP 220 PUTS @$2.39-$2.45 2200+ Contracts
AKAM AUG 71 PUT ACTIVITY @$.49 on offer 1900+ Contracts
BTU SEP 1.5 CALLS @$.45-.50 10000+ Contracts
UFS some AUG 40 CALL ACTIVITY on the name on the offer
OKS 10% Owner Purchase 21,554,581 @$30.17
MINI CEO Purchase Purchase 6,000 @$32.63
HEADLINES
Greek PM Tsipras resigns, calls snap elections
US Philly Fed Business Index (Aug): 8.3 (est 6.5; prev 5.7)
US Existing Home Sales (MoM) (Jul): 2.0%% (est -1.20%; prev rev 3.0%)
US Leading Index (MoM) (Jul): -0.2% (est 0.20%; prev 0.60%)
US Initial Jobless Claims Aug-15: 277K (est 271K; rev prev 273K)
US Continuing Claims Aug-08: 2254K (est 2265K; rev prev 2278K)
US EIA Natural Gas Storage Change (Aug): 53 (est 59; prev 65)
US Commercial Paper Outstanding (SA) (19 Aug): -$1.8bn
CA Wholesale Trade Sales (MoM) Jun: 1.30% (est 0.90%; rev prev -0.90%)
ECB Nowotny: No signals for early QE end, dismisses idea of FX wars
Bank Of Spain bends ECB rules to favour own banks --HB
SNB's Jordan: SNB prepared to intervene in CHF if necessary
M&A: Visa In $21bn Bid To Merge US, European Units
M&A: Valeant pays $1bn for women's libido drug
Fitch: China's capital injections support policy banks, economy
GOVERNMENTS/CENTRAL BANKS
US Commercial Paper Outstanding (SA) (19 Aug): -$1.8bn [58]
Allianz's El-Erian: Fed missed earlier chance to hike rates --Rtrs [59]
Liberty St Econ: The Evolution of Workups in UST Securities Market [60]
ECB's Nowotny: There is no signal for early end to QE --FXStreet [61]
ECB's Nowotny dismisses 'currency wars' talk --Rtrs [62]
ECB: E155m Borrowed Using Overnight Loan Facility, E157bn Deposited --Livesquawk [58]
ECB: EZ Excess Liquidity Fell To E471.705bn From E472.92bn [58]
Bank Of Spain bends ECB rules to favour own banks --Handelsblatt [63]
SNB's Jordan: SNB prepared to intervene in CHF if necessary --FoerxLive [64]
France's Hollande: Tax cuts will come with higher growth next year --Rtrs [65]
GREECE
Greek PM Tsipras to resign, calls nsap elections --Tele [66]
ECB confirms Greece payment received --Livesquawk [67]
EC signs 3yr ESM stability support programme for Greece --EC [68]
Greece Authorizes $3.6B Payment on ECB-Held Bonds --BBG [69]
GEOPOLITICS
North And South Korea 'Trade Artillery Fire' --Rtrs [70]
UK to reopen Tehran embassy --Sky [71]
FIXED INCOME
UST to auction $26bn 2s, $35bn 5s, $29bn 7sm $13bn 2y FRN --Livesquawk [58]
Bankrate: US Mortgage Rates Rise, Boosted By Improved Housing Market --Bankrate [72]
Apple releases Kangaroo guidance --IFR [73]
FX
USD: Dollar slips as Fed rate hike hopes recede --Rtrs [74]
EUR: Euro rises to 7-week peak against dollar --FT [75]
CHF: SNB's Jordan: SNB prepared to intervene in CHF if necessary --FoerxLive [64]
CHF: Swiss EconMin: CHF Should Move Towards 1.22 Vs Euro, Hopes Will Weaken Towards 1.10 [76]
CNY: IMF decision rattles China's yuan --WSJ [77]
CNY: ECB Nowotny: Yuan Drop Sign of Slowing Growth, Not FX War [78]
EMFX: EM currency turmoil escalates --FT [79]
ENERGY/COMMODITIES
CRUDE: WTI futures settle 0.8% higher at $41.14 per barrel --Livesquawk [58]
CRUDE: Brent futures settle down 1.2% at $46.62 per barrel --Livesquawk [58]
CRUDE: US EIA Natural Gas Storage Change (Aug): 53 (est 59; prev 65) [58]
CRUDE: Rigzone: Some offshore rigs being bid at break even rates --BBG [80]
CRUDE: Mexico hedges 2016 oil exports at $49 a barrel --FT [81]
WEATHER: Hurricane Danny named as first major storm of Atlantic season --Guardian [82]
METALS: Gold breaks above $1150; highest since July 15 --CNBC [83]
EQUITIES
M&A: Visa In $21bn Bid To Merge US, European Units --Sky [84]
M&A: Valeant pays $1bn for women's libido drug --FT [85]
M&A: Zurich Insurance drafts Evercore in RSA pursuit --FT [86]
M&A: United Tech in talks to buy Nortek --WSJ [87]
TRADING: FTSE 100 falls into correction territory --FT [88]
TECH: Twitter falls below IPO price --BI [89]
TECH: Gartner: Worldwide Smartphone Sales Recorded Slowest Growth Rate Since 2013 [90]
BANKS: FDIC sues Citigroup, 2 other banks over soured mortgages --Rtrs [91]
UTILITIES: RWE To Replace Head Of British Unit --Rtrs [92]
MEDIA: Netflix slumps amid broad media selloff --MW [93]
EARNINGS: Sears reports first quarterly profit since 2012, sales still tumble -Rtrs [94]
REGULATION: US senators urge recall of all autos with Takata airbags --BI [95]
COMMODS: Moody's downgrades ConocoPhillips' unsecured ratings to A2, stable outlook [96]
EMERGING MARKETS
Fitch: China's Capital Injections Boost Support For Policy Banks, Economy [97]
El-Erian: Seeing a classical overshoot, starting in emerging markets --CNBC [98]

