Kamikaze-Kuroda & Carl Icahn Crush Facebook-Driven Stock-Feeding Frenzy
By Tyler Durden
There is only one clip for this…
It started in Japan…when Kuroda let the world down… 1500 NKY points down!!
And then China stomped on its latest bubble…
But then US GDP printed its worst level in 2 years… and stocks took off!! soaring all the way to the edge of Kuorda's Kamikaze moment before Carl Icahn upset everyone…
Stops run to Kuroda's cliff and then icah npushed the market over the edge…
Of course, Nasdaq was outperforming thanks to Facebook out of the gate but once the selling started everything collapsed…
Dow futures swung around 1000 points in the last 24 hours…
“Most Shorted” stocks plunged…
AAPL tanked again after carl Icahn said he was out…
VIX was smashed early on in another desperate bid for 2100 in the S&P 50).. but failed… (VIX >15.5 at the close…)
Financials began to rollover…
Stocks decoupled higher from bonds once again before catching back down…
Treasury yields roller-coastered lower…(but notably 2Y and 30Y held as the belly slumped)…
Yen's surge weighed on The USD Index – biggest drop in a month – down 4 days in a row…
USD weakness helped most commdoties (but industrials fell as China collapsed)
WTI Crude is now up 18% off the post-Doha lows – from $39 to $46…
Crude's rip leads the way post-Fed, with stocks red…
But Gold (and Silver) are the best performers since Kuroda's Kamikaze-move…
Charts: Bloomberg
Bonus Chart: Do you feel lucky?
Source: Kamikaze-Kuroda & Carl Icahn Crush Facebook-Driven Stock-Feeding Frenzy
