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WTF Chart Of The Day: SBUX Edition
Of course, we are sure this will be dismissed by any and all stock pushers as perfectly normal and possible... but an hour of trading in SBUX in a 1c range seems a little too much for even the biggest efficient market believer...
This is SBUX - not a fucking penny stock!
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The new normal
She's tight!
HFT's on lunch?
The algorithms went on strike.... they want a pay raise for all their work.
The power supply went out on the JPM HFT Algo computer and it took an hour to replace it. Nothing to see here, move along.
Seriously -- There was some kind of a problem with the order-entry messaging subsystems at a few exchanges. I received a note from my data feed / broker telling us about the problem -- and that the problem has now been fixed.
Somebody probably put in a "large" order instead of a "Venti" order and that fucked everything up for an hour.
Nahh.. "She's tight" works for me just fine!
All algos on Auto Pilot and Out to Lunch - together !!
Its Decaff
Wonder if implied volatility on SBUX plumetted too? Buy it at 5% at 13.55 and sell it at 30% an hour later...
And yet the Bitcoin market is too volatile and blah blah blah.
Nice market you guys have there, it looks so normal and wonderful. Buy any STAWKS today?
Bullish!
Just the manipulators proving to you that they can f-ing manipulate anything they want whenever they want, so just hand over your money now and stop all the huffing and puffing...
Please remain calm...and quiet...during this confidence supporting Fed intervention. This intervention is in your best interest. Our professional interveners have more than 100 years determining what is best for you.
Please resume normal trading.
Thank you
FRBNY
Algo's experimenting with the dead money trade. Soon the whole market will flatline.
Don't worry, Bernanke/Yellen has the defibrillator.
ALGO SOLITAIRE
that was just due to the fact that my local starbucks had a problem with it's machine from about 1:00 until about 2:20. It's fixed now.
It is a secret message. Short straddle at 77.20 for the Friday pin.
But but but, the Nobel Prize was in efficient markets right?
cmon, this is nothing. you just got off the boat?
put up a chart of S&P 500 and circle all of 2009 - 2014..
WTF
The way these stocks are controlled reminds me of using audio recording equipment back in college ... compressors, limiters, expanders, attenuators, VCA's, VCO's, gates, etc. It really is the same thing and HFT essentially views price data a pure signal flux. You can consider each stock price a channel, group it into a larger "bus", apply processing to the "bus", etc.
The equilibrium has been reached!
I think they called it the "singularity"
The price algorythm computers must have stalled.
You know, these are the price setting computers that are designed to emulate a free market.
SBUX is up 50% in one year, 81% in two years, and up 754% in five years.
Perfectly normal. Nothing to see here, move along.
SBUX WILL be a penny stock when this is all over.
Meanwhile, Homie the Clown yucks it up at the Mandela funeral and get's his balls busted by Missus Homie.
http://www.thegatewaypundit.com/2013/12/photo-drama-upset-michelle-obama-switches-seats-with-barack-at-mandela-memorial/
Seems dropping a fin on a cup of coffee is the new normal.
Yes. My WTF momemt was looking at the price, this morning. I'm an SBUX shareholder. Got SFUX'd today.
Seems like SBUX does a fine job of finding long lines of suckers to pay $8 for a cup of sugar water and a donut. Bullish.
Have you seen the chart on coffe prices! SBUX SHOULD be minting money. Their prices have not come down at all while coffee beans have fallen over the cliff. UGH!
I believe dairy to be a larger input than coffee.
It ran out of caffeine...
The S&P CLOSING RAMP HAS BEGUN!!!!! UP TO VWAP...
It is HFT ping pong for the rebates for "Market Making" from the exchanges. Sell the same shares back and forth for hours.
Hey, it's both a long and a short squeeze at the same time. Miraculous! lol
Rats like to chew on wires.
Bernanke to NY Fed: "Whaat the hell are you doing? Did you fall asleep? Turn on the fascade trading algo, NOW!!!!
Seems a GOTO loop error on Line 365 of the BASIC code that runs this farce.
there's no market ...
There is only Zuul.
Used to day trade in the late 90s during the internet boom and would see this all the time for major stocks. Typically a mutual fund decides to sell a few million shares and finds a buyer at an agreed on price. The transaction is conducted on the exchange with the buyer holding the bid up. When it's done it's back to the normal intra-day swings.
The HTF algo went dyslexic and was bidding B(ernanke)SUX!
What a fantastic analogy for the current state of the market . . . . . . . FLAT LINED ! ! !
Quick, get the defibrilator.