Risis of confidence is beginning to get to the point of escape velocity hyper mode! https://t.co/XEeBSU3Omi
— mcm-ct.com (@mcm_ct) December 13, 2018
Right now, $BAC $GS $MS $C and $WFC are all down at least -23% from 52wk highs.
Sounds bad, right? But it probably happens all the time.
Sure, if by "all the time" you mean "during the Global Financial Meltdown/Recovery" and……….today. pic.twitter.com/77zaLtRKjQ
— OddStats (@OddStats) December 12, 2018
Clearly there a financial institution & bank problems $XLF $KRE $SPX $TNX $BANK pic.twitter.com/9PLywCEgpq
— mcm-ct.com (@mcm_ct) December 13, 2018
There is a serious liquidity problem. Market after hours is moving 3 and 4 points on just a few trade ticks…unreal. People go from price insensitively liquidating longs to then apparently doing the same open shorts – NUTS and on no news!
— mcm-ct.com (@mcm_ct) December 12, 2018
An offshore driller, Parker Drilling, just filed for bankruptcy because oil prices aren't high enough to sustain its business model. It's bonds: pic.twitter.com/05XG60sSjS
— Lisa Abramowicz (@lisaabramowicz1) December 12, 2018
did not realize this had happened but while DXY is far from record highs ( no Yuan exposure ) , the trade weighted USD index ( 17% Yuan ) is actually near 21st century highs pic.twitter.com/zzzMchyVzw
— Dividend Master (@DividendMaster) December 12, 2018