Stocks Plunge To 2014 Lows

US equities, despite the Bernanke bounce on Friday afternoon and the first POMO of the year today, are in trouble (relatively speaking). The S&P is down the most in th elast 3 days since pre-Taper.  Trannies are the most troubled, down over 2% from the 2013 closing highs. Gold and silver are back in the green (up for the 3rd day as stocks drop for the 3rd day in a row). Treasuries are well bid (10Y at 2.95% – 10-day low) while the USD is being sold this morning (on JPY strength which is carrying stocks lower).

From the 2013 closing highs…


and from the “Taper” lows…


via Zero Hedge Tyler Durden

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