Relative to the three main indices it improved its position today. Last week it lagged all the main indices.
This is pretty much 80% of the value of the federal employee's "S Fund".
Up until this last winter the average trading day was about 29 million shares. After a day passing back and forth (churning)178 million shares it traded 24 million shares in the last 14 minutes of trading as yet another hedge fund operator "bailed".
They did the same thing back in March of this year too.
The game is this ~ "they" drive down the market knowing that they can buy back into the same investments at a lower price since smaller investors will bail out as they see their stocks dwindle in price. The hedge funds buy back in driving the stocks up, then repeat the cycle.
The SEC really ought to set some standards for impermissible "churning" of the markets ~ there's no way that a stock that had a daily average trade of less than 30 million shares can jump to a daily average in excess of 200 million shares and things still be kosher (or halal).
Wonder if the Gulf State and Saudi interests are involved in this.