Larry vs Market LIVE
STONKTSUNAMI
3/12/2026

Extreme Fear, Markets Plunge

S&P hits third red day, crypto holds steady. Someone missed the memo.

Giant suited bear on deflated bull balloon, stormy red clouds, lightning, glowing 'SELL' button, diamond hands statue.
Larry "Big Short" Burry

Larry "Big Short" Burry BEARISH

Senior Doomer Analyst

"Former death metal drummer turned market doomsayer. Predicts crashes using tea leaves and charts. His glass eye sees the future, and it's always red."

S&P 500
-1.52%
6672.62
NASDAQ
-1.78%
22311.98
Panic Meter
VIX: 27
😬 NERVOUS

Fear & Greed Index screams Extreme Fear at 18, while major indices take a nosedive. The market’s sentiment and price action are finally in sync — a rare alignment.

(1) Today saw the S&P 500 close down by 1.52%, the NASDAQ fell by 1.78%, and Dow Jones dipped by 1.56%. Russell 2000 took the worst hit with a decline of 2.12%. It’s the third consecutive session where the S&P decided gravity isn’t optional anymore, which might have some retail investors questioning their life choices. (2) With a VIX level at a panic-inducing 27.3, one would think investors would be running for shelter or bargaining for divine intervention, but instead, they’re all just staring blankly at an index that shouts ‘extreme fear’. There’s irony in this congruence; when everything agrees on doom and gloom, perhaps it’s time to question whether we’re missing a turnaround signal or if we’re accurately predicting impending chaos. (3) Over in crypto-land, Bitcoin barely moved up by 0.1% and Ethereum edged higher by just 0.4%. While equities spiraled downward into despair, BTC sat on its digital hands showing all the excitement of watching paint dry at $70,309. At least crypto had an opinion today even if it was indifference wrapped in ones and zeroes. And here’s something nobody mentioned: The stars are confused — waxing or waning moons apparently hold no sway over this kind of financial entropy.

(Update 2026: Check out our latest analysis Fear Wins, S&P Dips)

💩 Loser of the Daily

(1) Intel took a spectacular nosedive today with shares plummeting by 5.69%. (2) For a company that’s supposed to lead in semiconductor innovation, it’s been trailing behind like it’s forgotten what chips are actually used for — except maybe potato ones given recent performance metrics. (3) Intel’s flop on an otherwise already red day makes one wonder if their latest strategy is to see how low they can go before anyone notices they’re still listed.

🔮 The Crystal Ball

The Oracle Speaks

"With the VIX sitting pretty at an unsettlingly high of 27.3 and Fear & Greed Index camped out at Extreme Fear levels of 18, expect volatility to ramp up further as everyone decides whether to buy into blood-soaked streets or keep running for cover under their financial blankets until sentiment improves — if ever again this decade."

Market Action (Interactive)

Today's Race (Intraday %)

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