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jeudi 31 juillet 2014

Le VIX a dépassé 20% ! Nous sommes proches du sommet de la courbe d'un demi-siècle !

par Yanick Toutain

Le VIX à 18h54 heure française continue à monter, monter !
La volatilité reflète le combat entre les banksters haussiers bullish et les bansksters baissiers bearish !
C'est le VIX qui mesure cette volatilité !
Un VIX très haut annonce la chute finale ! Comme en 2008 !
Le moment où les jumeaux de ceux qui ont écrasé Lehman Brothers vont déclencher un nouveau 2008
Ils vont bientôt faire s'effondrer toute l'économie mondiale !
Peut-être est-ce aujourd'hui ?

COMPLEMENT
LA PIRE CHUTE DEPUIS LE 10 AVRIL




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Wall Street was sharply lower on Thursday, with the Standard & Poor’s 500-stock index erasing its gains for the month as concerns grew over the strength of overseas economies and ongoing tensions with Russia.
In early afternoon trading, the Dow Jones industrial average was down 1.3 percent and the S.&P. 500 was down 1.5 percent. The Nasdaq composite index dropped 1.9 percent.
The S.&P. 500, falling in its biggest one-day decline since April 10, moved solidly under its 50-day moving average, a level it has not closed below since April 15, though it has dipped under it since then. The moving average is viewed as a sign of short-term momentum, and selling accelerated after the level was breached.
Weak United States data contributed to the bearish tone: Jobless claims rose more than expected in the latest week and the Chicago Purchasing Managers Index unexpectedly fell in July to its lowest since June 2013.
All 10 primary S.&P. 500 sectors were down, with energy the biggest decliner, dropping 1.8 percent. Almost 90 percent of stocks traded on the New York Stock Exchange fell, while 82 percent of Nasdaq-listed shares were lower.
The CBOE Volatility index rose 20 percent to 15.98, its highest level since April, though well under its historical average of 20.
“We’ve been extended from the 50-day moving average and are correcting those excesses,” said Bruce McCain, chief investment strategist at Key Private Bank in Cleveland, Ohio. “The levels we were at were pretty optimistic given how little clarity we had about global economic growth going forward.”
Portugal’s Banco Espírito Santo plunged almost 40 percent to a record low as the bank’s hopes of raising capital without taking state aid suffered a major blow following massive losses.
Russia banned soy imports from Ukraine and may restrict Greek fruit and American poultry, Russian news agencies reported on Thursday, in what could be responses to new Western sanctions.
Separately, Argentina defaulted for the second time in 12 years. Investors had hoped for a midnight deal with holdout creditors in Argentina, but the plan fell through. Even a short default could raise companies’ borrowing costs, add to pressure on the peso, drain dwindling foreign reserves and increase one of the world’s highest inflation rates.
“The default ties back to the specter of what’s going on in Portugal, and it all reminds people that the eurozone crisis from years ago may not be fully resolved,” Mr. McCain said.
Argentine stocks traded in the United States were lower, including YPF S.A., down 8.7 percent, and Pampa Energy, down 8.6 percent.
Investors had hoped for a midnight deal with holdout creditors in Argentina, but the plan fell through. Even a short default will raise companies’ borrowing costs, add to pressure on the peso, drain dwindling foreign reserves and increase one of the world’s highest inflation rates.
Earnings have been strong, with more companies than usual beating expectations for earnings and revenue this quarter, though there were some notable disappointments. Late Wednesday, Whole Foods Market cut its 2014 forecasts for a fourth time, sending shares down 3 percent.
The Dow component Exxon Mobil posted second-quarter earnings thatbeat expectations, but shares fell 2.6 percent.
Cigna reported second-quarter earnings that beat expectations while Time Warner Cable lost more subscribers in the last quarter, though it reported a rise in both earnings and revenue. Shares of Cigna dropped 3.6 percent and Time Warner Cable stock was down 2.3 percent.
Akamai Technologies declined 2.3 percent a day after it fell short of investor hopes that it would exceed its own revenue forecast because of heavy World Cup traffic.