Another Dead-Cat-Bounce Dies - Stocks Tumble Below Yesterday's Lows

XIV's ramp into the open offered some hope, but just like yesterday, that hope is gone as stocks tumble back into the red and below yesterday's lows...

XIV is fading...

Rate spiked back above 2.85%...

 

And so stocks faded back into the red...

 

Futures show the same trend yesterday...

Comments

CrabbyR IH8OBAMA Fri, 02/09/2018 - 11:41 Permalink

ROFL....that was Hilarious...Hats off to the twins Wish Bankers had 1/10th the sense of humour

The saddest part is,, that is

actually !!! Kim Jung Un and Donald Trump  and If they don`t Kiss at the bottom of the stairs

the DEFENCE DEPARTMENT WILL BLOW THE WORLD UP...because we all know a good defence is a good offense

 

In reply to by IH8OBAMA

Thought Processor Fri, 02/09/2018 - 11:34 Permalink

 

Deer in the headlights.  Dead cat's bouncing.  Ants marching.  Lemmings off the cliff.  Lambs to the slaughter.

 

If I didn't know better I'd have thought this was all planned.

 

tunetopper Thought Processor Fri, 02/09/2018 - 11:52 Permalink

I had money - it came from my job

I put that money in the stock market -

I diversified in the ETFs of the broadest of Indexes

Then the Dark Pools Allowed for their hidden participants to Buy Leveraged, Long VIX ETFs

And POOF- my money was gone.

I dont know who to blame.  Where did it all go?

In reply to by Thought Processor

RealistDuJour Fri, 02/09/2018 - 11:34 Permalink

Geez. At this rate with an article every time it goes green and yoyos back to red then back to green ad nauseum today, I'm gonna be sick.  There is a pointless article posted everytime it's bounced back green as often as it bounces back red right?

 

I thought Zero was about criticizing irrational markets.  That goes both ways.  With reported earning as they pour in blowing analyst numbers out of the water, doesn't that make this "volatility" seem a tad irrational?

FBaggins Fri, 02/09/2018 - 11:35 Permalink

Do the tumbles have anything to do with a group manipulating the market to show what they can do because of US or White House cold feet in escalating the war effort in Syria?

FBaggins Juggernaut x2 Fri, 02/09/2018 - 16:01 Permalink

You are right in that the idea of stationing 30K troops in Syria and continued support for the "moderat terrorist" insurgents has not really abated, but the fact is that Israel wants far greater escalation of the war effort. They and the neo-cons have not backed off destabilitions, regime changes, fragmentation and partition or the actually occupying of all ME "non-aligned" nations. 

In reply to by Juggernaut x2

Pandelis Fri, 02/09/2018 - 11:37 Permalink

Jerome Powell has to speak and establish confidence in market participants.

 

the markets are not certain about the new Fed Chair.  Communications are very important.

coast1 Fri, 02/09/2018 - 11:41 Permalink

these articles are becoming so "80's"...by the time an article is posted that DOW is down, its right back up again and vice versa...I dont even waste the time anymore, I just wait til the end of the day...Or even better, end of the week :-)