Monday, October 12, 2015

Occupy The Muppet Show (OMS)

You can't warn aspiring muppets. I've tried.

Short-covering muppets, Shanghai'd muppets, IPO muppets, Biotech muppets, Junk bond muppets, Apple muppets, Oil muppets, Commodity muppets, Emerging market muppets...

Hedge fund muppets:


Speaking of which, where did the dumb money go? The dumb money didn't show up for work today and now everyone from Wall Street to Silicon Valley is panicking:



Casino volume today is one third of normal, due to the Columbus Day holiday. And due to serial muppet slaying:

Skynet is getting lonely
Serial muppet slaying has taken a toll on liquidity:

Banana Republic liquidity:



Oil is tanking again, and low volume/volatility such as today's has preceded every turn lower. 

Aussie (/Yen) hourly (red)
Was strong overnight, but S&P looks tired...



Aussie/Yen daily aka. "overnight risk"