Thursday, October 30, 2014

Wondering Why your Charts Look Funny...

Wonder why charts might be looking funny, maybe like this?
SPY, look to the far right.

Someone is desperately trying to goose the market as Nikkei released two week old news that the countries GPIF pension fund would increase stock allocation from 12.5% to 25%, the market acted as if it never heard this before, I published this just about 2 weeks ago.

In any case, the headline scanning algos went berserk resulting in...

NYSE: BROKEN

CBOE: BROKEN

Apparently some trades are being filled on hour old data. I'm going to check Nanex. What was it I was saying about dull markets?

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