Thursday, January 14, 2016

LEHMAN DEJA VU: Extreme Volatility

NASDAQ VOLUME IS 3x the 90 Day Average. Big cap tech is in meltdown mode

First, all shorts must cover ahead of collapse
Netflix just got catapulted 8% in :15 minutes, because there's nothing unusual about that...

http://www.nanex.net/NxResearch/NxLiquidity/



Volatility
Breadth
Yen Carry
Commodities
Oil
Junk bonds
Tech
TRIN

All Fugazi at the same time...

The two year Maginot Line has decisively broken

Wilshire total market index. Daily




Wave 3 at all degrees of trend...




Traders are extremely sanguine. Still buying the dip...




Internet stocks (Amazon, Facebook, Netflix etc.)



Transports obliterated




JPY is going vertical down...







Currently right at Flash Crash August levels...