Posted on 08/24/2015 7:40:42 AM PDT by Enlightened1
Curious why few if any traders can actually execute any trades, whether buys or sells? The reason is that despite the relative calmness of the index prints, what is going on beneath the surface is an unprecedented wave of constant halt and unhalts as all stop levels were taken out, many in circuit breaker territory, making it virtually impossible for any matching enginge to, well, match buyers and sellers.
Here is a sample:
(Excerpt) Read more at zerohedge.com ...
Looks like the PPT bought HUGE into APPLE, the “most widely-held” stock. This will keep many 401k’s from collapsing.
VIX exploded over $53, the highest since Jan 2009.
If you remember 2009, VIX drove the Media headlines, as “proof” that “Bush had destroyed the ECONOMY!!!”, a meme repeated ENDLESSLY in the weeks before the election.
Watch how different it is, this time....
I’m up today over $200. I don’t see the problem.
Yes Apple stock made a huge round trip in fast time.
Well la de dah. Aren't you the smart one!? ;)
Over 4,500 mini crash events so far today. Compare to last few years:
10:13 AM - 24 Aug 2015
(On a graph of the last few years, crashes were basically at 0)
So I guess everyone is trying to sell now?
My Netflix stock is back at where it was after the 7-1 split in July. It did get as high $129.29
Current $99.24.... now $99.00
That is what I am telling everyone buy! Buy!! BUY!!!
There are plenty of money to be made in this market!!!
Netflix now at $106.28!! : )
It’s all just a facade.
I'm investing in copper-jacketed lead in common calibers.
Apple had a lot of cash on hand to buy their own stock.
Many companies have been criticized for keeping lots of cash. Looks like they were smart.
No, I’m not the smart one. If I was, I’d a bought SUN Edison like I wanted to this morning but lacked the fortitude. That was a nice pop.
Good luck tomorrow! I have no clue :|
At 9:42am impossible to sell. 4,000 flash crashes today. All hail the friggin’ algos. Message from plunge protection team to sellers: We’re roasting your nuts, sucker.
More fun today!
http://www.theguardian.com/business/live/2015/aug/25/asian-stock-markets-braced-for-steep-falls-after-wall-street-slump-live
“The Shanghai Composite index lost 6.4% to 3,004.13 points at the opening a few minutes ago, following yesterday’s near-9% plunge sparked another global rout.
The CSI300 index was also down 6.3% at 3,070.01 points.
This is despite an injection of liquidity, Reuters reports.
The central bank made a large 150 billion yuan ($23.43 billion) injection into the interbank market on Tuesday morning during open market operations...”
Some of the countries are doing OK so far though.
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