“Extremely Greedy” Traders ‘Shocked’ As Stocks Stumble Most Since Election, Dollar Dumps

After exhibiting “Extreme Greed”
A down day!!!
Sentiment for the day started off strong thanks to OPEC/NOPEC and Saudi comments sparking a buying panic in crude to 17-month highs…
But it didn’t help China… (worst stock drop in 6 months) after Trump’s questioning “One China Policy” and a crackdown on insurers and liquidity…
The bond market was never really buying the opening spike in equity futures overnight…

This post was published at Zero Hedge on Dec 12, 2016.