[Apologies for being late with today’s post; I had to go qualify at the range before the temperatures reached a post-apocalyptic 100-degrees. -BZ]

Yesterday, Monday, the stocks dropped over 1,000 points then rollercoasted a bit until, at the close of the day, they were down 588 points.  That’s some pretty serious shite.

Some people were saying that, because of it, Janet Yellen did some yellin’ of her own, to the tune of possibly considering a QE 4.

Today, Tuesday, the market rallied a bit until, again, the close of the day when selling took precedence and the market dumped its earlier gains, down over 200 points to 15666.

Get it?  That evil 666.

Time for pants-shitting-hysteria, or is this something of a correction?

I’m favoring the latter, for the reasons I explained yesterday.

The NYSE tried self-correction and it began to work.  Stock sharks picked up some good buys.  Then the Mysterians stepped in and kicked the slats out of the stock market.

Above, Mysterians step in and kick the slats out of the stock market.

That’s as sage and cogent an amount of analysis as I’ve heard from anyone today attempting to explain the behavior of this week’s stock market.

BZ

P.S.

China is not done with us yet.