We The Sheeplez- The Coming Economic Collapse.."A Nation Of Sheep Ruled By Wolves" Thomas Jefferson : What Is Really Going On: Market Liquidity Worse Than During The Flash Crash; 4500 Crash Events; Constant Halts And Unhalts

Submitted by Tyler Durden on 08/24/2015 - 10:35 Curious why few if any traders can actually execute any trades, whether buys or sells? The reason is that despite the relative calmness of the index prints, what is going on beneath the surface is an unprecedented wave of constant halt and unhalts, making it virutally impossible for any matching enginge to, well, match buyers and sellers.

NYSE Invokes Rule 48 (Once Again) To Pre-Empt Panic-Selling Open

Submitted by Tyler Durden on 08/24/2015 - 09:15 The status quo must be maintained...
NYSE granting "triple width opening quote relief in all option classes for August 24, 2015", Invokes Rule 48
The last time this was invoked was in Jan 2015 (during the blizzard), in June 2012 (amid a dramatic drop in pre-open futures) and in Sept 2011 amid the chaotic 400-point swings in The Dow. Funny they do not use this "Rule" when futures indicate massive upside opens?

Bloodbath: Emerging Market Assets Collapse As China Selloff Triggers Panic

Submitted by Tyler Durden on 08/24/2015 - 10:17 On the heels of China's "failure" to send the PBoC to the rescue with an RRR cut over the weekend, battered EM assets were hit hard again on Monday as stocks, bonds, and currencies all went into panic mode as the global meltdown gathers pace.

Here Comes The Plunge Protection Team

Submitted by Tyler Durden on 08/24/2015 - 09:46 Losses have been cut in half after the opening collapse as a mysterious buyer in massive size lifts The Dow 600 points off its lows, cutting losses in half for now...

Deutsche Bank Sums It Up "The Fragility Of This Artificially Manipulated Financial System Was Finally Exposed"

Submitted by Tyler Durden on 08/24/2015 - 09:05 The fragility of this artificially manipulated financial system was exposed over the last couple of days of last week. It all ended with the S&P 500 falling -3.19% on Friday - its worst day since November 9th 2011.

Did Tim Cook Violate Regulation "Fair Disclosure" By Emailing Jim Cramer To Save AAPL Stock This Morning

Submitted by Tyler Durden on 08/24/2015 - 12:02 Earlier today, as AAPL stock was plummeting and had lost a whopping $75 billion in market cap, dropping as low as $92/share, CNBC's Jim Cramer pulled a rabit out of a hat, or in this case a previously undisclosed email out of his inbox. An email from AAPL CEO Tim Cook which may have well be instrument in saving AAPL some $80 billion in market cap. An email which may also have been a rather blatant Reg FD violation.

AAPL Surges Back To Unchanged, Fills Opening Gap, Loses (& Regains) $75 Billion Market Cap

Submitted by Tyler Durden on 08/24/2015 - 10:28 Wondering what the lever for this rescue attempt is? Wonder no more...

Is This Black Monday Crash The BIG ONE? It Doesn't Matter

Submitted by Tyler Durden on 08/24/2015 - 11:00 Plenty amongst you will be talking about economic cycles, and opportunities, and debate how to ‘play’ the crash, but all this is useless if and when a market doesn’t function. And just about all markets in the richer part of the world stopped functioning when central banks started buying assets. That’s when you stopped being investors. And when market strategies stopped making sense. Central banks will come up with more, much more, ‘stimulus’, but what China teaches us today is that we’re woefully close to the moment when central banks will lose the faith and trust of everyone. After injecting tens of billions of dollars in markets, which thereby ceased to function, the global economy is in a bigger mess then it was prior to QE. The whole thing is one big bubble now, and we know what invariably happens to those.

Blood On The Streets: Down Dumps 1000 Points At Open, Biggest Drop Since Lehman

Submitted by Tyler Durden on 08/24/2015 - 09:37

Something Is Very Wrong In Saudi Arabia...

Submitted by Tyler Durden on 08/24/2015 - 11:30 It might be time for sellside FX strategists to reconsider their position that the Saudi currency regime isn’t likely to change anytime soon...

Forget The Dips, Sell The Rips

Submitted by Tyler Durden on 08/24/2015 - 12:51 So now comes the era of gluts, shrinking profits and a drastic deflation of the giant financial bubble that the world’s central banks have so foolishly generated. And this time they will be powerless to stop the carnage. Yet the beleaguered central bankers will launch desperate verbal and market manipulation ploys to brake the current sell-off and thereby preserve the bloodied remnants of their handiwork. When in response the gamblers make their eighth run at buying a dip that is now rapidly turning into a crater, it will be an excellent time to sell anything in the casino that isn’t nailed down.

Mission Accomplished - Nasdaq Goes Positive For The Day

Submitted by Tyler Durden on 08/24/2015 - 12:29 Thanks to the SEC's ignorance of seemingly illegal exchanges of information between Jim Cramer and Tim Cook - everything is awesome again...

It Begins: Barclays Pushes Back Rate Hike Forecast Until 2016, Admits Fed Is "Market Dependent"

Submitted by Tyler Durden on 08/24/2015 - 12:24 Translation: the Fed is not data dependent, but it is, as we have said all along, entirely market dependent.

Here's The Problem: Despite The Plunge, Company Valuations Are Still At Extremes

Submitted by Tyler Durden on 08/24/2015 - 11:48 Following the recent broad market selloff which has taken all US stock indices into the red for 2015 and in some cases, red for the past 52 weeks, the real question traders should be asking themselves now that the power and potentcy of central bank intervention is increasingly questioned is whether stocks are now fundamentally cheap or at least, "fairly" valued. The answer, as SocGen's Andy Lapthorne points out, is a resounding no.