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Is There Anything Wrong With These Charts?
UPDATE: *NYSE REVIEWING TRADES FOR 'AOL,' 'NBR,' 'MPC,' 'LO,' 'CNQ' FROM 3:49:00PM-3:51:00PM ET
By now it is clear to everyone that the market is rigged, manipulated and broken. But this rigged, manipulated and broken? Honestly, we don't know, hence our question: is this now "normal" or are these just the death throes of a "market" busted beyond all repair?
AMZN stock trades in a 50c range for 4 hours after today's HFT hearing (following which nothing as usual will happen) ends, as if to make a statement..
FLAT (a Treasury Flattener ETF) offer went from $58 to $4000 in 5 seconds...
And then there's this...
Major Flash Crashes in $AOL $NBR $NDAQ $CNQ $LO - all at 15:49:41 #HFT
— Eric Scott Hunsader (@nanexllc) May 13, 2014
As Nanex shows in great detail...
15:49:41 Flash Crash Event
On May 13, 2014 at 15:49:41, a dozen or more large cap stocks suddenly jumped or dropped in price. A few charts below.
All of the following completely unrelated and independens stocks had a flash crash or smash at exactly the same instant.
1. AOL.

2. CNQ.

3. LO.

4. NBR.

On May 13, 2014 at 15:49:41, at least 28 stocks suddenly jumped or dropped in price in what can only be viewed as a flash-crash (or smash).
Just remember: as long as the general direction of the market is up and to the right, nobody cares.
Here's all 28 stocks affected...

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Nothing to see here..move along Lumpen...isn't there a sports event on TV? Game of Thrones? Go back to sleeeeeeep....
Kudos on sneaking a JFK joke in there.
I would be interested in what happns if it moved up and to the right.
Bitcoin is the answer and you know that for sure
Bitcoin is a flower you got to let it grow
A dandelion for sure.
Poof. One blow and .... gone with the wind.
Perhaps a venus fly trap swallowing dollar-based luddites?
I remember the discussions ZH had during the BTC Mania. Many mentioned that massive 'mining' rigs would come along by Feb/March 2014. And hey, what do you know? When you are a 'miner', you aren't trying to sell it for 'more than I bought it for', or in future price appreciation, you are interested in recouping sunk costs ASAP.
the cost to mine it these days doesnt recover the cost of electricity to run the computer banks. So theyve moved on to litecoin and other mineable cryptos.
Bitcoins bubble is done, long live the next bitcoin
Completely correct. And worst of all most hardware developers that promised more GHash per Kw have not yet delivered. But he complexity went up. Making even the not delivered promises already uneconomic. When the good guys computing power goes below the bad guys power, the very basis of the crypto protection of the bitcoin chain fails to deliver and the system breaks down.
Or they move to Iceland, home of cheap geothermal electricity and plenty of icy air to cool all those CPU's.
I would be interested in what happns if it moved up and to the right.
I saw amzn and thought....thats weird. ...not trading that. ...
The Magic Loogie, back and to the left:
http://www.youtube.com/watch?v=tBz3PqA2Fmc
(peanut gallery sez back and to the left is the same direction as up and to the right...)
https://www.youtube.com/results?search_query=counting+bodies+like+sheep+...
Phuck ya its rigged!
That last graph reminds of...
Johnny 5 is alive...but he's very sick
Disassemble?
Sucks for the people who had trailing stops. Awesome for the people who had pending stink bids.
like roulette, some bet on red and some on black.
You're more likely to beat the house at roulette, and that's not saying much.
Beat the house then haul ass.
Only on single "0" wheels. Most American wheels are "0" + "00".
And some bet on Zero Hedge & Nanex to do their job for them. God forbid they lift a finger to do anything on their own and piss off future employers. You people are pathetic. (SEC)
I like how the indian stereotype character was actually a white guy in blackface. I'm dead serious. The guy's name is Fisher Stevens.
Only companies engaged in useful commodities, namely oil, peaked. The rest sank. Hmmm...
WOW...
Again!
and then one day there wont be a single bid within 10% of ask. and a sell will go thru and suddenly a few more sells and then the system gets overrun with sells. unless, of course, this time really is different. ie, the bubble doesnt pop.
If this was labled 'market porn', do you think that would make the SEC look at it?
We could trick them into looking at the charts if we used the DOW Transports. AKA the Trannys. ;)
What no bonus chart?!
The algos are flash crashing some big stocks as a warning that if CONgress tries to fiddle with the ongoing festivities there will be a cost.
some stocks are flash crash allowed and some not
check with your central planner before investing
In a world of fiat when al value is created nothing can be considered not manipulated.
You should never play poker with anybody who can create fiat and stays blind you can never call them no matter how much you have "it will never be enough".
somebody made some $$$ today
Start an internet company called Child then we could call it Child porn and the FBI would look at it.
When this market finally vaporizes it will look like the AOL chart except there won't be a rebound. There will be millions of slack jawed E-Trade babies looking at their monitors wondering WTF just happened.
..... This is what happens when the "rig" is up.
http://finviz.com/quote.ashx?t=dxpe
Ho Li Fuk!
Minus 40 fucking percent in one trading day because of "lacklustre results" were reported?
Wow.
i'm sure if you saw the millisecond chart on AMZN there's some gorgeous fractal patterns in there. likely caused by retail demand.
In your face rigging, for all to see.... To question whether or not "the Market" is rigged is insulting and rhetorical.
I think you meant to say: likely caused by retard demand.
Warren G No Regulators,
CTFC , SEC , FSA , FINRA we don’t regulate any stealing of people’s property and we damn corrupt too,
But you can't be any geek off the street, gotta be in the City of London , Wall street club if you know what I mean, earn your keep!
Financial REGULATORS do ‘f’ all, Mount up,
Sixteen in the clip and one in the hole............
HFT is about to make some muppets turn cold....
Seventeen trillion in debt and only one in the vault,
Fractional reserve banking is about to make the markets turn cold,
The markets look like droppin and Cramer’s yellin but it's a tad bit late, Bitcoin and the Blockchain, have to regulate.
To my eyes, there's been a lot of bad static along the lines of the 1st chart for a while now.
Manipulated Markets MARKED
http://showrealhist.com/RHandRD.html
If you know the markets like I know , you don't wanna partake in this,
It's the Ben Bernanke era and he's messin round with Operation Twist,
If you smoke like Ben smokes and your high on hopium everyday,
All I can say is get your PM's and expect QE to infinitayy,
everyone is waiting to hear outcome of the next Bezos spaceship launch, hence AMZN is at equilibrium?
SEC said everything is fine! Keep the rigged stock market going.
Nanex = The Good Guys ! Support them!
"Just temember: as long as the general direction of the market is up and to the right, nobody cares."
Bingo. Since the incompetents in Washington DC don't know how to facilitate economic growth, they sit by and watch the Fed engage in QE and game the markets. So much for fair and open price discovery.
FedFUBARtoHell.
They got the markets by the balls
WTF - I noticed CAT was on the crash list. SOMEONE please tell me how CATERPILLAR, with falling earnings and record losing quarters for the past 5 quarters, is trading at $107+, up from ~ $85/share 6 months ago. It must be Magic Unicorns making market traders wishes come true! Yea, that's got to be what's happening. You all don't think anyone is manipulating this market....do you? NAAAHH it can't be that...
Inflation from easy money.
I personally think it's awesome that CAT kept going up steadily.
If the markets crash, also CAT crashes and CAT put options are nice and cheap. :o)
Great bet.
There are so many hedge funds that keep praying the general retail public feel this way.. You're feeding them.. If you weren't already aware. Were you already aware?
So you say the "general retail public" (=me?) is buying out of the money put options which feed "so many hedge funds" and makes them money (?) because the risks they are taking by selling those put options to the general retail public are negligible (?) because they are at the same time buying the underlying stocks and stocks never fall anyways (?)
... but of course: If they fall, "they never fall that fast" because in the past it has never happened?!?
Keep pissing your $ away....
I have been playing around with some CAT puts.. I like the June 21, 100.00 stike put, what are you betting on?
"Manipulating" Haha, don't make me laugh my lips are chapped. Its fucking rigged.
We would conclude there had to be a second algo
NBR is a cesspool imo.
To say the market is rigged is an understatement. After over 30 years of trading commodities I will flat out state without any reservations that lies and manipulation run rampant. If you think anyone is looking out for the small independent trader you are wrong.
An unholy alliance of the Federal Reserve, the government, and the too big to fail has left the rest of us in a precarious position. For the big boys, its insider information and computer trading, this includes computing patterns that exploit where stops are placed, this improves their ability to wash the weak out of their positions. More on this subject below,
http://brucewilds.blogspot.com/2013/07/markets-more-lies-and-munipulatio...
"SOMEONE please tell me how CATERPILLAR, with falling earnings and record losing quarters for the past 5 quarters, is trading at $107+, up from ~ $85/share 6 months ago. "
It's all that cash on the balance sheet. People on the sidelines will jump in and rally the bull pop earnings beat off the lows.
I think it's because people don't look at the price of anything. People assume that good companies always go up. It's inconcievable that a good company, a good product, or a good piece of real estate could be overpriced. Retard economists use the term "efficient markets" when trying to argue that nothing in the world is overpriced. $10 for a beer at the football game? It's not overpriced; it's an efficient market! Durrrr. This is why economists like Krugman write blogs for a living and people who actually understand the market are rich as fuck like Jim Rogers or Kyle Bass.
Are they paying you to bait retail on here too? ZH posted a negative CAT story on here almost exactly 1year ago. The guy who wrote it was pounding the table to buy DJIA at the same time and into year-end. Go do some homework. Nothing is as it seems.
They recieved their part of Tax Payers money thru the QE bailouts. The "CAT" financial div., works like a Bank.
For a long time I have been trying to develop a scenario for a market "super crash" and a reasonable map that would arrive at such a situation. Most investors think that even if things go downhill fast that they will be smart enough to get out of the markets. But what if it hits like the flash crash on steroids?
We know that can't happen because circuit breakers have been put in place to arrest panic style moves, but imagine a market that falls, trade is halted, and the market simply does not reopen for days, or even weeks. We have set up a house of cards based on debt and contagion is the cancer eating at the foundation. the article Flash Crash On Steroids can be found below.
http://brucewilds.blogspot.com/2013/01/flash-crash-on-steroids.html
Maaaannnn!
Will u stop pimpin' ur ride?
Puhleeese?
I'm fully convinced the clowns are just holding this together as long as possible to keep pressing forward with their bullshit agenda. It will either fly apart and derail everything or..........they will keep it togehter long enough to where when it does fly apart it won't matter because one protest out of you and your DEAD.
There is no market
only Zule.
Oh, Zuulie, you nut, now c'mon. Just relax, c'mon.
"many Shuvs and Zuuls knew what it was to be roasted in the depths of the Slor that day,I can tell you!"
"Mr Tully we're going to need a brain sample."
"Okay."
FLAT chart is a cue to stoke the choomwagon and crank up Fire on the Mountain.
oh wait...
In a not so distant future we will understand that the "Father of all exploits", NSA, is behind and facilitating most of the rigging. The "market" is nothing more than a "Price Fixing Table" with the only purpose to "Keep the Masses Calm" and at the same time generate cash for diverse operations. Rmember NSA has access to practically every hard disk in the country.
I am color blind. What is that gray sqiggly line on the Fiat chart?
.
LOL
SHIT SHOW!!!
I think AOL is a front for the NSA these days.
I mean, why do they need so many Data Scientists???
Oh, and FUCK AOL, I hope that stock goes to zero.
AOL:
Assholes
Obamaviks
Losers
*Yawn*
Wake me up when the e-minis are limit down.
Looks like fair and honest new normal markets to me.