Dow Futures Tumble Back Below Friday's Highs

After a modest gap up opening on Sunday evening, and a sudden mysterious panic-bid as Europe opened, US equity futures are now tumbling, back below Friday's highs, in what appears to be a delayed reaction to the renewed spike in Treasury yields...

China got a hand up from The National Team..

 

And someone panic-bid US equities as Europe opened...

But spiking US rates are back at 'spooky' levels for stocks...

 

We're gonna need more PPT...

Comments

spastic_colon Mon, 02/12/2018 - 09:08 Permalink

you mean reality has returned to stocks................lol..........this week should be a BTFD's wet dream....drawdown almost all day and then a close at the highs.....this will be corrected by the open.

silverer Mon, 02/12/2018 - 09:10 Permalink

Well, the Russian thing and various made up sex scandals haven't worked for the Deep State, so I guess they have to crash the markets to zero-out Trump.

Silver Savior lester1 Mon, 02/12/2018 - 10:25 Permalink

I did and I will tell you why. I started investing right before the crash of 2007/08. After seeing Lehman folding and employees hitting the street I knew everything was falling apart. I cashed out at a loss and was ok with that.

After seeing the 666 crash recently I knew that was a clue as that was very irregular. I am limited on what I can invest in inside my retirement fund. Precious metals are not an option so I just went to bonds.

I know the rates on bonds can not keep up on inflation pressures in real terms. I needed a place to temporary go until I can find a path out of mainstream investing. I want nothing to do with it.

Planning on just cashing out early and buying gold. Hyper inflation is coming anyway and what better place than gold to park wealth? 

In reply to by lester1

Silver Savior Mon, 02/12/2018 - 10:04 Permalink

I love dead cat bounces and don't think any stock is worth an ounce of physical silver. I price everything vs silver first so I can see how things are valued. And I don't go by spot price.

Things are sure fun to watch. Everyone going after stocks pegged to devalued currencies.

Silver Savior Mon, 02/12/2018 - 10:35 Permalink

Apmex is having a sale on Mercury dimes. If you don't know why you need these yet then you are way behind the curve. Not your fault but it's stuff the people in power don't want you to know.