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EPIC INVESTOR WIPEOUT

|Includes:AAPL, AMZN, BAC, DBA, DJP, EEM, EFA, EPI, EWA, EWC, EWJ, EWZ, FDN, FXE, FXF, FXI, FXY, GDX, GLD, IBM, IEF, IGV, INTC, iShares Russell 2000 ETF (IWM), IYR, JJC, KO, MCD, MSFT, QQQ, RSX, SLV, SMH, TLT, UGA, USL, UUP, XLE, XLF, XLI, XLK, XLY

 
 

We don't really need a gazillion charts Monday since all markets, with the exception of gold and bonds, would look the same separated only by degrees of loss. That said, this was a historical day which will be bookmarked by investors globally.

This has been a slow-motion crash in the making. It hasn't been sudden like a 1987 event or even anything like the May 2010 "flash crash" obviously; but, we've seen determined selling for the last 11 trading days overall. This follows a series of poor economic reports globally, the U.S.debt ceiling and fiscal crisis plus many troubles in the Euro Zone also revolving around debt issues.
 

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