Dip-Buyers Disappear As Bonds, Stock Bloodbath Escalates

Dip-Buyers Disappear As Bonds, Stock Bloodbath Escalates

Nasdaq is now down 2.5%, rapidly approaching red for the year and it is dragging the rest of the equity market lower…

And the selling pressure continues with NYSE downticks have dominated for 15 minutes…

Growth relative to value is at a critical support level…

VIX is exploding higher (back above 26 and its highest in over two months)…

And while stocks are being dumped, bonds are also seeing liquidations to a key level…

Somebody do something? Where’s Janet?

Tyler Durden
Wed, 05/12/2021 – 12:03

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