Visualizing Today's HFT Market Stick Save
Nothing like a little stick save in 20 minutes to prevent a, gulp, close at the day's lows. Fidel Sarcastro demonstrates how the HFT crew is now doubling also as SkyNet's goalie.
When the ES was (good Lord NO!) threatening to make a lower-low on a daily chart, the HFT brigade saved the day. Making like your favorite NHL goalie SkyNet performed another stick save. In just 20-minutes, every offer in the book was relentlessly lifted as SkyNet muttered...must...close...green.
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