Monday, August 24, 2015

HALO Crash: 1987 From All Time Highs

This has been the largest 3-day decline in U.S. stocks since 1987

In other words, there has never been a decline this steep from all time highs.

The needle and the damage done...

NYSE New Lows not seen since Lehman...

Volatility going back to 1987: 
Intra-day vol was higher today than the 2011 decline...(this is weekly below):

Shock and Awe Visualized
The volatility of options volatility (VVIX) measures the acceleration of the VIX i.e. today was highest on record since 2007:
Data from:
h/t Zerohedge 

Now that's what I'm talking about