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Dow Swings 1000 Points In 24 Hours As Crude Carnage Continues

1000 points of Dow swings, VIX manipulations, and desperate talking heads, and still red...

 

On the day, Nasdaq was red, S&P unch, Small Caps green...

 

As China's inability to maintain stability started things off in the overnight session...

 

For some context of the chaos, The Dow covered at least 1000 points in the last 24 hours...

 

FANTAsy stocks flailed...

 

AAPL was unhappy at Japanese news...

 

Gunmakers love Obama...

 

Energy stocks surged (notably after the news of an Aramco bus on fire) but crude did not...

 

And we note also that XIV (Inverse VIX ETF) was smashed higher at the same time... Someone wanted stocks higher in the face of potential problems...

 

 

While stocks oscillated wildly, Treasury yields also swung around from -3bps to +3bps ending with the long-end underperforming...

 

The USDollar Index rose once again hitting one-month highs... (though we note that Asian FX was unch against the Dollar on the day)

 

As The Loonie hit a new 12 year low...

 

Gold and Silver rallied furthger, despite the dollar gains, copper was flat but crude crumbled...

 

Crude pushed notably lower, back below $36 to 2-week lows...

 

Charts: Bloomberg

Bonus Chart: Something to consider...