Tracking the DOW PLUNGE!!!

Name	Value	Net Change	% Change	1 Month	1 Year	Time	2 Day
INDU:IND DOW JONES INDUS. AVG	16,204.97	-211.61	-1.29%	-0.87%	-9.08%	2016-02-05
SPX:IND S&P 500 INDEX	1,880.05	-35.40	-1.85%	-2.18%	-8.53%	2016-02-05
CCMP:IND NASDAQ COMPOSITE INDEX	4,363.14	-146.41	-3.25%	-6.04%	-8.04%	2016-02-05
NYA:IND NYSE COMPOSITE INDEX	9,390.33	-143.97	-1.51%	-1.45%	-13.43%	2016-02-05
SPTSX:IND S&P/TSX COMPOSITE INDEX

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Originally Posted by mick silver

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Shipping officially became an expensive hobby, like yachting and Formula 1...

Name	Value	Net Change	% Change	1 Month	1 Year	Time	2 Day
INDU:IND DOW JONES INDUS. AVG	15,860.56	-344.41	-2.13%	-2.97%	-11.02%	13:05:23
SPX:IND S&P 500 INDEX	1,845.06	-34.99	-1.86%	-4.00%	-10.24%	12:50:22
CCMP:IND NASDAQ COMPOSITE INDEX	4,245.90	-117.25	-2.69%	-8.57%	-10.51%	13:05:18
NYA:IND NYSE COMPOSITE INDEX	9,201.93	-188.40	-2.01%	-3.43%	-15.17%	12:50:14
SPTSX:IND S&P/TSX COMPOSITE INDEX

Another nice day. The problems that existed in 2008 are worse now, having festered under the surface and been fed nutrients for destruction. Hell is coming. Be courageous. Do not fear... unless you are a heathen or muslim. If you do not know God, i.e. His son Yahshuah and He does not know you personally, you have much to fear. Ugly days are here. It will be more than just a little stock market crash. Contagion of many sorts will be spreading.

European Bank Bloodbath Crashes Bond, Stock Markets

Source: Zero Hedge



Just as we warned, not only is it time to panic but the panic is 'contagion'-ing over into the sovereign risk market. European banks are in freefall, down over 4.3% broadly, crashing to 2012's "whatever it takes" lows. European bank risk has gone vertical... Today's spike is the largest since April 2010
http://www.zerohedge.com/sites/defau...Eubanks4_0.jpg

TBTF banks are all seeing credit risk explode - to 52-week highs and beyond...
http://www.zerohedge.com/sites/defau...Eubanks1_0.jpg

Slamming European bank stocks back to near "whatever it takes" lows...
http://www.zerohedge.com/sites/defau...Eubanks2_0.jpg

Dragging the entire European stock market down 24% from its highs to 16-month lows...
http://www.zerohedge.com/sites/defau...08_be500_0.jpg

And that risk is syetmically crushing peripheral sovereign bond markets...
http://www.zerohedge.com/sites/defau...Eubanks3_0.jpg

Time to panic? You betcha! All eyes are focused on the synthetic run on Deutsche Bank...
http://www.zerohedge.com/sites/defau...Eubanks5_0.jpg

So since Europe unleashed their "Bail-In" regulations, European banks have utterly imploded with Deustche most systemically affected as it seems more than one person is betting that Deutsche will be unable to raise enough capital and will be forced to haircut depositors on up in the capital structure.
Finally - for those desperate dip-buyers hoping for another move from Draghi - don't hold your breath... As Deutsche Bank itself warned, any more easing by The ECB or BOJ will only hurt banks (and certainly Deutsche). In other words, they are all officially trapped now.
http://www.zerohedge.com/sites/defau...jpg?1454938231






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i know jacksh-t about ta, but today the sp500 blasted through a price floor that the ppt has been defending for 2ish years

Name	Value	Net Change	% Change	1 Month	1 Year	Time	2 Day
INDU:IND DOW JONES INDUS. AVG	15,803.96	-401.01	-2.47%	-3.32%	-11.33%	2:33 PM
SPX:IND S&P 500 INDEX	1,830.80	-49.25	-2.62%	-4.75%	-10.93%	2:18 PM
CCMP:IND NASDAQ COMPOSITE INDEX	4,214.39	-148.76	-3.41%	-9.24%	-11.17%	2:33 PM
NYA:IND NYSE COMPOSITE INDEX	9,137.28	-253.05	-2.69%	-4.11%	-15.77%	2:18 PM
SPTSX:IND S&P/TSX COMPOSITE INDEX	12,511.27	-252.72	-1.98%	+0.53%	-17.06%	2:13 PM

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The Baltic Dry Index (replaces the Baltic Freight Index): A composite of the Baltic Capesize, Panamax, Handysize and Supramax indices. The index is designed as the successor to the Baltic Freight Index and was first published on January 4 1985 at 1000 points.Last day of trading yr - Christmas Eve Error: Could not add to watchlist. X
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