🚨BREAKING NEWS🚨— unusual_whales (@unusual_whales) December 3, 2021
Evergrande releases statement that they cannot make good on their financial obligations and extreme caution is necessary with their securities. pic.twitter.com/QqEfDeqVaI
unwinding these positions as ES drops, fueling the downside.— xTrends (@xtrends) December 3, 2021
Below 4500, epic delta hedging meltdown begins as gamma turns negative
Use caution with dip below 4500
At 4450 JPM put spread collar may act as a floor but if that doesnt hold we are talking about a 6 sigma event https://t.co/aOh9xTp5mQ
A 'Minsky Moment' is onset of market collapse brought on by reckless speculative activity that defines an unsustainable bullish period. Pay attention because we're there. pic.twitter.com/if85Zmagf8— B.P. Rising (@BP_Rising) December 3, 2021
$SPX big picture EW count - Given the expected speed up of tapering to be announced by the Fed on December 15 any impulsive 5th wave count off the October low is off the table. The best the bulls can hope for now is an ending diagonal wave 5 that will likely top below 5K. pic.twitter.com/GhiTd34s6g— CyclesFan (@CyclesFan) December 3, 2021
Just talk to @JulianMI2, the man who made this Chart of Doom. He says it will take 20% off the market to get Fed to reverse their hawkish stance. He expects ARK Innovation ETF to fall as low as $40, as suggested by the chart comparing Nasdaq around dot-com bubble to the ARK tdy. pic.twitter.com/vPaEgKCykq— Holger Zschaepitz (@Schuldensuehner) December 3, 2021
"0% possibility": (1) be careful here: as the wave pattern indicates a potential FLASH CRASH & REVERSE on the same day. (2) I said "0% possibility" that the 4507 low will hold for this down move--that is a BOLD STATEMENT--I knew while writing that phrase. (3) anyway, "told you."
That 4507 zone: (1) it is day-trader's heaven nowadays, if you know which way the wind blows. (2) the bulls still haven't given up, fighting tooth and nails to hold up the line: around 4510. (3) however, the longer they hold, the faster the next move will be--it is NOT resolved.
Two Options: (1) The option I am watching on--leave the real deal for next Monday; 4500 has so much stake on, so it is better to keep the suspense over the weekend. (2) (of course, the other option, 25% chance as of now, is a last 30-min plunge directly to 4420).
Notable further fall in yields on 10-year Treasuries coincides with more flattening of the yield curve (same magnitude of moves in 10s and the 2s-10s—charts).— Mohamed A. El-Erian (@elerianm) December 3, 2021
This won’t please the #Fed as #markets are signaling a higher probability of a policy mistake by a lagging central bank. pic.twitter.com/izdkVTGGKV
So unless all this money went into just index funds and the top few stocks there is a lot inflows that have gone to money heaven as the drawdown in a majority of individual stocks/IPOs/SPAC etc recently has been absolutely brutal. pic.twitter.com/PTKGKDPBzX— Sven Henrich (@NorthmanTrader) December 3, 2021
FEAR & GREED INDEX FALLS TO 19, EXTREME FEAR. pic.twitter.com/rSO3xJqnNq— The Kobeissi Letter (@KobeissiLetter) December 3, 2021