WTF Just Happened...
From zerohedge.com
Tech's wreck at the open started it... following Goldman's Privorotsky's warning earlier to 'keep an eye on the megacap tech names today'... {chart} US equities puked as the cash market opened, with Nasdaq erasing overnight gains rapidly... {chart} ...as losses in MSFT accelerated... {chart} ...crypto followed with Bitcoin crashing to its lowest since Dec 18th...{chart} That's a lot of liquidation...$200 million in levered crypto longs liquidated in past 30 minutes. Thanks for playing Jane Street looking at another record year. ...and then gold plunged back below $5300...{chart} For context, the crash in gold is ...
(full story)