Crypto Bloodbath Amid Widespread Equity and Bond Carnage: VIX Breakout

The cryptocurrency selloff continued along with strong pullbacks in equities and bonds. The VIX is on the rise.

The top 20 cryptocurrencies are all in the red as of 1:50 Central.

Only ten of the top 200 cryptocurrencies are in the green.

This corresponds to a broad market selloff.​

Commodities Selloff Small

Gold is down a mere 0.10%. Gold and silver have been flirting with or even above break-even much of the day.

VIX Breakout

The last VIX daily close above 13 was on November 14, 2017 at 13.13.

The last VIX weekly close above 13 was on August 12, 2017 at 14.13.

Time for fireworks?

I do not know if this is the start of a major sell-off but one is long overdue, and it could be very ugly.

Mike "Mish" Shedlock

A rise in bond yields or sell-off in stocks will soon bring the central banksters out of the woodwork. Jail these bas$%^@&

The drop in equities was due to amazon getting into the health care business. Massive selloff in health care led the drop. It's a one time thing. Not the start of a trend.

14 November 2017 would have been a great day to buy stocks ... just saying ...

Things that routinely go up or down 10% in a day, like a penny stock, are clearly solid investments.

There was no inversion on 20-Year as someone typed earlier