Crude Carnage Contagion: Biggest Stock Bloodbath In 3 Years, Credit Crashes

Always wanted to catch a falling knife?

This is your chance …


Crude Carnage Contagion - Biggest Stock Bloodbath In 3 Years, Credit Crashes

More charts and information here:

Crude Carnage Contagion: Biggest Stock Bloodbath In 3 Years, Credit Crashes (ZeroHedge, Dec 12, 2014):

We leave it to Jack to explain what happened this week…

Quite a week!!

  • WTI’s 2nd worst week in over 3 years (down 10 of last 11 weeks)
  • Dow’s worst worst week in 3 years
  • Financials worst week in 2 months
  • Materials worst week since Sept 2011
  • VIX’s Biggest week since Sept 2011
  • Gold’s best week in 6 months
  • Silver’s last 2 weeks are best in 6 months
  • HY Credit’s worst 2 weeks since May 2012
  • IG Credit’s worst week in 2 months
  • 10Y Yield’s best week since June 2012
  • US Oil Rig Count worst week in 2 years
  • The USDollar’s worst week since July 2013
  • USDJPY’s worst week since June 2013
  • Portugal Bonds worst week since July 2011
  • Greek stocks worst week since 1987

No Hindenburg Omen today but it appears the Dow & S&P are pressing down to test their 50DMAs…

20141212_EOD14

1 thought on “Crude Carnage Contagion: Biggest Stock Bloodbath In 3 Years, Credit Crashes

  1. What these charts and the comments on the site remind me of besides years we have seen before, but we had wealth to counter it, unlike today…….is the article you posted from Zero Hedge showing the buybacks of their own stock by corporate leaders, using borrowed money, a final screw to the shareholders. I have been buying stock for nearly fifty years, and there are no guarantees for shareholders, you buy at your own risk……that was true when the markets were clean…………now, every crooked trick goes.
    The top company was Apple. I wish you could repost that article, people who have stock (I got out about 3 years ago after a lifetime in the markets) need to see that list. Buying back stock with borrowed money bodes ill for any of the shareholders.
    I know entire towns and communities who invested in Apple to keep the income they need coming in……and I have a feeling it won’t work out well for them.
    I will scan through your site and try to find it, but it is more important now than it was two weeks ago when you posted it. The sociopaths heading these companies don’t give a damn about the shareholders, just a way to further line their own pockets.
    So, if you could re-post it, that would be great.
    Thanks.

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