And semi-alliterate.
(just kidding ZH, we like a little alliteration)
From ZeroHedge:
Nasdaq futs are down 11% (correction from their highs last week), and the rest of the majors are down around 5%...
This is Nasdaq's worst 3-day performance since March (3rd worst 3-day drop since 2001).
Turn the Softbank machines back on!!!!
From Friday's close, Nasdaq was clubbed like a baby seal and when the 1430ET margin calls hit, stocks legged lower once again...
Small Caps and NASDAQ found support at their 50DMA...
Remember when the collapse/divergence of breadth meant nothing at all?
Source: Bloomberg
All the big momentum trades are reversing hard.
Big Tech...
Source: Bloomberg
FANG stocks...
Source: Bloomberg
TSLA (worst day since 2012) lost around $85bn in mkt cap (oe put another TSLA lost a BlackRock, or an Altria, or a Morgan Stanley)...
....MUCH MORE
