Make Margin Calls Great Again: FB -8%, VIX Near 20, Dow -300

Facebook is down 8% - its biggest single-day drop since Sept 2012...

 

Breaking below its 200DMA...

 

And along with the rest of the FANG stocks is crashing the market...

FANG...

Nasdaq futures are down 3%...

 

The S&P 500 has broken back below its 50DMA...

 

And Dow below its 100DMA...