And Now Market Tumbles, As News Of Ukraine Deaths Spook Algos
by Tyler Durden
ZeroHedge.com
04/15/2014
Despite the best efforts of the straight-line panic buying algos on a Tuesday, it seems flashing red headlines of dreadful escalations in Ukraine (more deaths), from Bloomberg:
11 REPORTED DEAD DURING UKRAINIAN OPERATION IN KRAMATORSK: RT
UKRAINE GOVT: RUSSIAN 45TH AIRBORNE IN SLOVYANSK, KRAMATORSK
…and USDJPY tagging 102 again (of course) were enough to spark the manic idiocy of markets from buy-buy-buy to sell-it-all-Mortimer… So much for yesterday’s “see it’s all good now” ripfest… The Russell 2000 is back at yesterday’s lows and NASDAQ is back under 4000.
The Rest…HERE