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Market Opens On A Weak Note And... Nasdaq Breaks.. And Then NYSE Breaks After Chicago PMI

Tyler Durden's picture




 

Update: Post-Chicago PMI selling prompted yet another break!!! This time in the NYSE...

  • *BATS EDGX DECLARED SELF-HELP VS NYSE ARCA PER RULE 611 NMS
  • *BATS EXCHANGE: BATS BYX EXCHANGE HAS DECLARED SELF-HELP VS NYSE

This is just farce now...

 

*  *  *

Update: after the initial selling stabilized, the Nasdaq has unbroken:

  • Exchange has revoked self-help against Nasdaq per Rule 611 of Regulation NMS. Routing to Nasdaq has been resumed as of 09:43:01 ET.

Problem is that the huge Chicago PMI may not be huge enough to prompt a fresh wave of BTFDers.

* * * * *

Overnight selling meets panic buying at the open and this happens.

  • *BATS BYX EXCHANGE HAS DECLARED SELF-HELP VS NASDAQ
  • *BATS BZX, BYX EXCHANGES DECLARE SELF-HELF AGAINST NASDAQ

New Normal...

 

and this happens...

 

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Tue, 03/31/2015 - 09:43 | 5945109 Racer
Racer's picture

You forgot the inverted commas for the fake "market"!

Tue, 03/31/2015 - 09:54 | 5945141 ParkAveFlasher
ParkAveFlasher's picture

CIRCULAR REFERENCE WARNING, bitchez!

Tue, 03/31/2015 - 10:26 | 5945234 Burt Gummer
Burt Gummer's picture

Market breaks? I didn't realize it was ever fixed.

https://www.youtube.com/watch?v=qBCUCJNWimo

Tue, 03/31/2015 - 09:43 | 5945110 This is it
This is it's picture

First!!

Well Well, this is all very convenient isn't it?

Tue, 03/31/2015 - 09:55 | 5945121 GetZeeGold
GetZeeGold's picture

 

 

Never get cocky bitch.

 

You have the power to avoid these awkward moments....it's all up to you.

 

Normally we'd just nailgun you.....but it's Tuesday....so I guess that means you can just go.

Tue, 03/31/2015 - 10:29 | 5945241 Impoverished Ps...
Impoverished Psychologist's picture

HA! He was front run by the vacuum tubes!! 

 

How does it feel?

Tue, 03/31/2015 - 09:43 | 5945111 HonkyShogun
HonkyShogun's picture

Jewish Lightning.

Tue, 03/31/2015 - 09:47 | 5945119 agstacks
agstacks's picture

I assume rule 611 is "no selling on a Tuesday"?

Tue, 03/31/2015 - 09:49 | 5945129 SheepDog-One
SheepDog-One's picture

No selling allowed on any day ending in 'y'!

Tue, 03/31/2015 - 09:52 | 5945120 TruthInSunshine
TruthInSunshine's picture

Hasbra junkers on the loose!

A cheesepope army sent in by Abe Foxmann & Alan Dershowitz!

Buy stock shares, get rich quick, goyim. Don't passover this "opportunity of a lifetime."

BTFbubble-v3.0

Tue, 03/31/2015 - 09:55 | 5945142 Osmium
Osmium's picture

For God's sake's, we can't have the market finish red on the last day of the quarter.  Turn those machines back on!

Tue, 03/31/2015 - 09:56 | 5945146 Ness.
Ness.'s picture

Here comes the "V".  That ain't for victory or vendetta - that's for the shape of the daily recovery.

Tue, 03/31/2015 - 14:17 | 5945960 UnpatrioticHoarder
UnpatrioticHoarder's picture

Best DATY tip: trace each letter of the alphabet with your tounge until you get a good response. HFT algos could learn a lot from me.

Tue, 03/31/2015 - 09:56 | 5945152 valley chick
valley chick's picture

Damn..called this on the last article...who needs an economic degree when one can be educated on ZH ! Even a valley chick can call it . :-) 

Tue, 03/31/2015 - 09:58 | 5945155 LawsofPhysics
LawsofPhysics's picture

So predictable now.

Tue, 03/31/2015 - 10:00 | 5945162 q99x2
q99x2's picture

Hell with it. Close the markets down. It's time to fight.

Tue, 03/31/2015 - 10:30 | 5945244 heisenberg991
heisenberg991's picture

My plumber could fix this shit.

Tue, 03/31/2015 - 10:34 | 5945254 Jason T
Jason T's picture

"I would not favor legislation that would reduce the volume of speculation. You cannot prevent the public buying a thing that they think is low, or selling a thing that they think is high" 

 

J.P. Morgan

Tue, 03/31/2015 - 10:41 | 5945271 Blue Horshoe Lo...
Blue Horshoe Loves Annacott Steel's picture

State department rep:

"It's all Putin's fault!"

Tue, 03/31/2015 - 10:42 | 5945273 StupidEarthlings
StupidEarthlings's picture

So..i suppose we can assume at this point..that the 'market' will actually never crash..or correct..or anything. And apparently it doesnt matter either as there is no real reason for it to be this high. .othe than someone pushing the 'up' button.

 

Furthermore,  the sheep will continue to think all is well..as they only think the economy is doing good..cuz the guy on tv said the maket is hi and all is well. Fuckin A.

This will never end apparently.... just slow down...slooowwwllly. very slowly. 

Tue, 03/31/2015 - 11:05 | 5945337 lakecity55
lakecity55's picture

I guess so, unless the computers crash and their ups-es fail. I wonder if they are a Faraday cage to boot?

Tue, 03/31/2015 - 10:45 | 5945278 TheRideNeverEnds
TheRideNeverEnds's picture

3...2...1... aand up on the day.

Tue, 03/31/2015 - 10:54 | 5945309 Conax
Conax's picture

What was the name of that old B movie..? Oh, yeah,

"Die Monster, Die!"

Tue, 03/31/2015 - 12:07 | 5945519 orangegeek
orangegeek's picture

just a dry run to "break the markets" when they start to free fall

 

and now the longs (which includes the Fed) will have an excuse to halt the free fall - well it broke yesterday, guess this didn't fix it right so that's why it broke today and will break tomorrow and next week and every other time we free fall

Tue, 03/31/2015 - 12:43 | 5945656 The_Small_Lebowski
The_Small_Lebowski's picture

you can trade any direction you want - as long as its long

Tue, 03/31/2015 - 13:13 | 5945744 MrSteve
MrSteve's picture

Well, there's always next quarter! Everything will be OK then...

Tue, 03/31/2015 - 13:13 | 5945745 Mr. Bones
Mr. Bones's picture

I didn't scroll fast enough and so I saw that they were down when they broke, but let's all be honest here... we knew that when we opened the story.  I still want to see a complete list of 'market' breakages so I can see if this behavior is common or simply convenient.

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