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Markets In Sell-Off Mode: Oil Is Getting Slammed, Dow Off 170, 10Y Treasury Yields Slump To 2013 Lows, EUR Tumbles And European Stocks Plunge Most In Six Months, Apple Falls Below $400 A Share… Eiffel Tower Patterns Could Be Forming…35%+ Decline Possible!

Oil Is Getting Slammed

Crude oil prices are getting hit again today.

Right now, WTI crude futures are down 2.7%, trading around $86.30 a barrel.

In the past few minutes, for no obvious reason, oil made a significant move lower.

 

Thinkorswim

EUR Tumbles On Weidmann Comment Of Possible Rate Cut

 

European Stocks Plunge Most In Six Months

Worst 4-day run in 10 months in stocks…

 

Apple falls below $400 a share

SAN FRANCISCO (MarketWatch) — Apple Inc.AAPL -5.33% shares continued to [...]

So is it 2008 all over again? A sharp break in stocks coinciding with multiple fiscal crises – Is this collapse in the price of gold a harbinger of another major stock market crash?

The Long Wave Versus the Printing Press: Another 2008?

Marc Faber of the Gloom Boom Doom Report was interviewed by Bloomberg on Friday, and of course topic number one was the brutal takedown of gold. Not all that surprisingly, he likes the resulting buying opportunity and expects “a major low in gold within the next two weeks.”

More interesting from a theoretical/historical point of view was his segue from gold to the state of the global [...]

Trader Alert: APPLE Is Following An Ominous Path

From Kimble Charting Solutions:

Eiffel tower patterns can be painful to an asset!!!

Last November, when Apple was trading over $600 per share, the Power of the Pattern reflected that Apple could be in the early stages of an Eiffel Tower pattern. (see post here)

The 4-pack below reflects Eiffel tower patterns in a variety of assets over the past 15 years. Notice that the right side of the tower looks very much like the left [...]

‘Next time the victims won’t be animals’: Canadian cannibal porn star’s web warning as he filmed sick video of kittens being fed to snakes just months ago

French believe Luka Rocco Magnotta has fled to Paris

Magnotta loves the Moulin Rouge and Eiffel Tower, say French police

Former porn model is suspected of murdering his lover on camera then sending a dismembered foot to the Canadian Conservative Party

Suspected cannibal killer Luka Rocco Magnotta is thought to have gone on the run in Europe after allegedly posting a video of him killing his lover

Suspected cannibal Luka Rocca Magnotta is ‘obsessed’ [...]

Tokyo Skytree, the world’s tallest tower, opens next week.

The Tokyo Skytree, twice as tall as the Eiffel Tower, opens next week as Japanese train operators counter an aging population by building malls, offices and tourist attractions.

The 634-meter (2,080 feet) structure in eastern Tokyo sits in a retail complex housing more than 300 shops and restaurants, a planetarium and an aquarium. Developer Tobu Railway Co. (9001) expects the project to draw 32 million visitors in its first year, surpassing [...]

On the brink: Sarkozy fighting for his future, likely to lose

PARIS (AP) – President Nicolas Sarkozy is the underdog, and he knows it. Not a single poll has predicted he will win re-election on Sunday, and leading figures in his government are already lining up new jobs.

In televised interviews, Sarkozy’s on the defensive and paints himself as a victim. At campaign rallies, he’s boxer-like, punching the air, torso soaked with sweat within minutes of taking the podium. He relishes the [...]

FT: Sarkozy makes impassioned plea for votes

From FT:

 

Nicolas Sarkozy mounted a defiant show of force in Paris on Tuesday, wresting the spotlight from traditional trade union May Day marches and vowing to fight to the last against François Hollande, his socialist challenger in Sunday’s presidential election.

In an impassioned address to tens of thousands of his conservative supporters, against a backdrop of the Eiffel Tower, Mr Sarkozy implored the crowd to use the last three days of campaigning [...]

France – Sarkozy tells unions they’re not in charge, at workers rally ahead of French presidential vote

By Angela Diffley

With three days to go before Sunday’s final round vote in France’s presidential elections, Nicolas Sarkozy hopes his passionate address to a huge crowd in front of the Eiffel Tower on Tuesday will create enough momentum to push him ahead, against all the odds.

 

Sarkozy’s right-wing UMP party say 200,000 people turned out at the event, which had been organised as an alternative to two traditional Mayday events in [...]

Disneyland struggles to cope with £1.9BILLION debt on 20th anniversary – despite it costing £51 per adult to enter

Europe’s busiest tourist attraction will not pay it all off for at least 12 years 
Parisian cold and wet winters could be damaging the park’s profits

It has brought in 250 million animation lovers and is Europe’s busiest tourist attraction but as Disneyland Paris celebrates its 20th birthday today its crippling debts mean it is not an entirely happy one.

Despite charging its 15.7 million annual visitors an average of £51 to get [...]

AP: French official says the Eiffel Tower evacuated after suspicious package found…DEVELOPING

DEVELOPING…

THE YEAR IS 1909: This will boggle your mind, I know it did mine! What a difference a century makes!

by Chocolabs

Here are some statistics from the year 1909

The average life expectancy was 47 years.
Only 14 percent of homes had a bathtub.
Only 8 percent of homes had a telephone.
There were only 8,000 cars and only 144 miles of paved roads.
The maximum speed limit in most cities was 10 mph.
The tallest structure in the world was the Eiffel Tower!
The average wage in 1909 was 22 cents per hour.
The average worker [...]