The Streak Is Over - Dow Closes Lower As Early Euphoria Fades Amid "Fire & Fury"

www.zerohedge.com | 8/8/2017 | Staff





"Unleash ****..."

It seemed like a done deal early on as the panic-buying sent stocks soaring to new record highs but some North Korea headlines and Jeff Gundlach's warnings seemed to turn the market and investors were in tenterhooks into the close to see if VIX-clubbing could keep the Dow winning streak alive...But then Trump dropped the "fire and fury" line and all **** broke loose...VIX >11!!

Short-squeeze - JOLTS - Panic-buying - Close - Stocks

A big short-squeeze, extended by JOLTS, sparked panic-buying into and beyond the European close but it soon faded and stocks clung to the unch-line until President Trump dropped the "Fire and Fury" speech...

Seriously...

Futures - Swings

Futures show the crazy swings best...

FANG Stocks dumped, erasing yesterday's gains...

USDJPY - S - P - Futs - North

Interestingly, USDJPY and S&P Futs decoupled shortly after North Korea headlines... and by the...
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