Tech Wrecks, Credit Crashes, & VIX Goes Vertical - "Probably Nothing"

www.zerohedge.com | 8/10/2017 | Staff
MonkeyBubble (Posted by) Level 3


"Pause that refreshes"

Well that escalated quickly... From the open on Tuesday, the "fire and fury" dump, the ubiquitous BTFD ramp dead cat bounce... and today's flush...

Lows

"Not Off The Lows"

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Summary

Summary:

VIX biggest 3-day spike since Aug 2015 China deval.

Year-to-Date - Small - Caps - Trannies

Year-to-Date, Small Caps and Trannies are not doing so hot...

FANG Stocks plunged over 2.5% - worst day in two months - erasing all the NFLX earnings gains...

Nasdaq

Nasdaq broke and closed below its 50DMA...

Nasdaq VIX topped 19 - its highest since June...

XIV - VIX - ETF

XIV (inverse VIX ETF) plunged to its 100DMA...

Black & Blue Apron...

Credit

Credit...
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