{"id":24807,"date":"2017-08-22T10:20:12","date_gmt":"2017-08-22T15:20:12","guid":{"rendered":"http:\/\/olduvai.ca\/?p=24807"},"modified":"2017-08-22T10:20:12","modified_gmt":"2017-08-22T15:20:12","slug":"a-3-drop-is-all-it-takes","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=24807","title":{"rendered":"A 3% Drop Is All It Takes…"},"content":{"rendered":"

A 3% Drop Is All It Takes…<\/a><\/h3>\n
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A 2.8% drop<\/strong> in stocks is all it takes…<\/p>\n

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…to convert sheer near full euphoria into outright panic<\/strong>…<\/p>\n

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Source: CNNMoney<\/em><\/a><\/p>\n

Quite a collapse in confidence for a ‘blip’ in stocks… (NOTE – this collapse in sentiment is bigger and faster than the plunge in Aug 2015 following China’s devaluation and the US flash crash)<\/em><\/strong><\/p>\n

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At the same time, the ‘plunge’ in stocks has hammered BofAML’s Global Panic-Euphoria index out of ‘Euphoria’…<\/p>\n

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On a global basis, put-call ratios signal less euphoria than a month ago, and volatility has risen, taking Global Risk-love indicator from a protracted period in euphoria to barely inside the neutral zone<\/strong>.<\/p>\n

With most of CNN’s Fear & Greed factors suddenly flashing “Extreme Fear”…<\/strong><\/p>\n

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But there’s just one big caveat – almost 40% of the S&P 500 members are now trading below their 200-day moving-averages…<\/strong><\/p>\n

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And that is what years of Central Bank conditioning does for investors’ risk appetites.<\/p>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"

A 3% Drop Is All It Takes… A 2.8% drop in stocks is all it takes… …to convert sheer near full euphoria into outright panic… Source: CNNMoney Quite a collapse in confidence for a ‘blip’ in stocks… (NOTE – this collapse in sentiment is bigger and faster than the plunge in Aug 2015 following China’s […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[15680,302,6066,1138,4318],"class_list":["post-24807","post","type-post","status-publish","format-standard","hentry","category-economics","tag-euphoria","tag-fear","tag-panic","tag-stock-market","tag-zerohedge"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/24807","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24807"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/24807\/revisions"}],"predecessor-version":[{"id":24808,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/24807\/revisions\/24808"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}