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?
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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