Biggest selling wave of the year — 483 S&P Stocks down on the day.
Second highest was August 5 at 481.
Deterioration began a week ago.
Slowly, then all at once — that's how this game works. pic.twitter.com/G7AFPNgiuW
— Macro Charts (@MacroCharts) December 18, 2024
Regarding today's broad market sell-off, it's yet another sign that our economy and financial markets are far too reliant upon the Fed for direction, stimulus, etc.
Also, the stock market is so wildly overvalued that there is no room for error.$SPY $QQQ pic.twitter.com/BGWaFZ8KAD
— Jesse Colombo (@TheBubbleBubble) December 19, 2024
https://twitter.com/yuriymatso/status/1869498870004326550
The VIX final closing print was 27.62, up 74%, which is the biggest one day gain since the vol shock in February 2018. pic.twitter.com/H65RvuW5QP
— Mac10 (@SuburbanDrone) December 18, 2024