This page has been archived and commenting is disabled.

ES: A Bouncing Algo Ball Pennystock?

Tyler Durden's picture


S&P 500 futures (ES) are jumping around like a penny-stick biotech firm on FDA-day. VWAP is the cnahor and the algos are had at work as they pull and push the index to help manage the AAPL orders. Simply remarkable moves for the index representative of 500 of the USA's largest stocks...



and close up...


and HYG has played catch-up - so which asset to lever next? EUR? VXX?


- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Thu, 12/06/2012 - 11:25 | Link to Comment Cognitive Dissonance
Cognitive Dissonance's picture

iRobot has taken over.


Thu, 12/06/2012 - 11:47 | Link to Comment Sphinx_www
Sphinx_www's picture


Thu, 12/06/2012 - 11:53 | Link to Comment Spastica Rex
Spastica Rex's picture


Thu, 12/06/2012 - 15:46 | Link to Comment Bedonkedonk
Bedonkedonk's picture

I think it's stuff like this that, whenever I think of the algos, I think of Joshua from Wargames.
One algo pushes it up, which causes another to push it down, which causes another to push it up, which causes another, which causes another, which causes another...
Faster and faster until the crazy flashing lights stop and the algo replies:
"Strange game. It seems the only winning move is not to play."

Thu, 12/06/2012 - 11:25 | Link to Comment VonManstein
VonManstein's picture

FUCKINg LOL this markets a joke. incredible to watch.LOL

Thu, 12/06/2012 - 11:33 | Link to Comment SheepDog-One
SheepDog-One's picture

It's amazing to me to see just how much they don't care how blatantly obvious their rigged market is now.

Thu, 12/06/2012 - 11:43 | Link to Comment spastic_colon
spastic_colon's picture

especially when they ignore the move in the EUR/USD

Thu, 12/06/2012 - 11:47 | Link to Comment The trend is yo...
The trend is your friend's picture

They can do whatever they want since the sheep make their weekly 401k contributions with their eyes shut and don;t open their statements on a regular basis

Thu, 12/06/2012 - 13:06 | Link to Comment adr
adr's picture

People are still making weekly 401k contributions?

Last time I checked part time and the self employed don't get 401k.

Thu, 12/06/2012 - 11:26 | Link to Comment's picture

ihuman vs irobot via iphone:  welcome to the future

Thu, 12/06/2012 - 11:28 | Link to Comment Widowmaker
Widowmaker's picture

Anyone long better take a double look at their positions.

You heard it on ZH first, and you can buy Tyler a drink second.

Thu, 12/06/2012 - 11:29 | Link to Comment HelluvaEngineer
HelluvaEngineer's picture

Kevin probably needs a larger lever that's a bit easier to control.

Thu, 12/06/2012 - 11:30 | Link to Comment SheepDog-One
SheepDog-One's picture

Must....Offload...iCRAPPL shares....cant hold it much longer....HURRY!

Thu, 12/06/2012 - 11:31 | Link to Comment LongSoupLine
LongSoupLine's picture

A) ES massive selling leads to;

B) Bernanke injections via TBTF algo whores.

C) Return to A).

Thu, 12/06/2012 - 11:31 | Link to Comment hugovanderbubble
hugovanderbubble's picture

SELL and SHort till 1.280 SPX

Thu, 12/06/2012 - 11:32 | Link to Comment catacl1sm
catacl1sm's picture


Thu, 12/06/2012 - 11:44 | Link to Comment prains
prains's picture

this is what it looks like when you let go of the fire hose under presssure, eventually everyone gets sprayed

Thu, 12/06/2012 - 11:34 | Link to Comment catacl1sm
catacl1sm's picture

Serioiusly though, I see a LOT of wobbling going on. The top is about to fall over and stop. Strap in, it's gonna be a bumpy ride.

Thu, 12/06/2012 - 11:36 | Link to Comment Dr. Engali
Dr. Engali's picture

Somebody is blowing up and the Bernank is trying to contain the damage.

Thu, 12/06/2012 - 11:40 | Link to Comment catacl1sm
catacl1sm's picture

Pick a hedge fund, you'll probably be right.

Thu, 12/06/2012 - 11:41 | Link to Comment Quinvarius
Quinvarius's picture

This is a monument to his beauty.

Thu, 12/06/2012 - 11:47 | Link to Comment firstdivision
firstdivision's picture

Looks normal to me, and by normal, I mean the over the past 3 years.

Thu, 12/06/2012 - 11:56 | Link to Comment slaughterer
slaughterer's picture

Falcone (blowing up)

Cohen (blowing up)

Paulson (blowing up)

Ackman (blowing up)

Tilson (blowing up)



Thu, 12/06/2012 - 12:03 | Link to Comment Element
Element's picture

got some body parts?

Thu, 12/06/2012 - 12:05 | Link to Comment Gypsyducks
Gypsyducks's picture

You think Tilson would let me make a market for his AAPL calls?  I'm 0 bid at go fuck yourself.

Thu, 12/06/2012 - 11:58 | Link to Comment Vince Clortho
Vince Clortho's picture

It's unusual for the ES to mimic the contortions of a dying snake?

Thu, 12/06/2012 - 12:02 | Link to Comment Element
Element's picture

So where does a real investor ... you know ... invest?

If not in stocks, won't capital investment in productive real business opportunities collapse?

Or maybe corporate money on the sidelines will finally spring to the rescue and we'll all be saved?

Or maybe Benny-bunny will print the economie into deep prosperity and demonstrate once and for all the intrinsic and powerful value of his great tool?

This is going to be interesting ... in a morose kind of way.

Thu, 12/06/2012 - 12:13 | Link to Comment fuu
fuu's picture

Still worth less than an oz of gold.

Thu, 12/06/2012 - 12:22 | Link to Comment Howdan
Howdan's picture

iManipulate : "The latest in market manipulation products from your friends at The Fed"

Thu, 12/06/2012 - 13:28 | Link to Comment Joe moneybags
Joe moneybags's picture

Those plus/minus .4% squiggles are just noise.  It happens all the time, and not evidence of anything.

Thu, 12/06/2012 - 22:28 | Link to Comment Ctrl_P
Ctrl_P's picture

I disagree. It's the helpful HFT's providing liqudity.


Do NOT follow this link or you will be banned from the site!