So much winning...

[Token]

Dow Jones plummets 660 points after lunch.

You really don’t understand it, do you. 

[bottomfeeder]

You really don’t understand it, do you.

I understand it. Algorithms, with preset parameters, are used to buy and sell the market. Once things turn south (outside of the parameters), the programs are no longer actively trading thus leaving the market to correct itself.

Our concerns about “markets” so dominated by trading programs are that they are too easily subject to (1) manipulation and (2) sharp sudden movements that could, someday, result in markets being shut down due to lack of participation because the algos found conditions “out of parameter” and they up and left in the literal blink of an eye.

If we needed any further confirmation of just how dangerously volatile the markets can be when driven by these automatic trading routines, then Christmas week certainly provided it.
On Christmas Eve the US stock markets dropped more than they ever had.  Then the day after Christmas the Dow went up more points than it ever had.  The next day it swung an additional 900 points, and rather violently upwards mainly in the last 1.5 hours of trading.

From oversold to overbought to oversold to overbought all in 48 hours.

https://www.lewrockwell.com/2019/01/no_author/2019-the-beginning-of-the-end/

[Kaos]

Dow up by more than 700 points after lunch.  smh

[Token]

Dow up by more than 700 points after lunch.  smh

And why? Because the feds gave the slightest hint they may stop being assholes for a minute. 

[The Prowler]

Dow up by more than 700 points after lunch.  smh

You really don't understand it, do you.

[Kaos]

You really don't understand it, do you.

I understand perfectly that I’m mocking you.  

[CCTAU]

I understand perfectly that I’m mocking you. 

Its not that hard to do these days. He is a bit pathetic.

[chinook]

i'm not sure where to even file this but it is so much .

senator mike lee (R) from Utah.

watching his presumably side piece staff is glorious. 






tl;dw version