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This Is The Way The NYSE Comes Back Online, Not With A Bang But A Whimper

Tyler Durden's picture




 

Once upon a time, the NYSE was the world's most important exchange and judging by the commotion over its historical trading halt when it was offline for just under 4 hours, one would think it still is. Unfortunately for the NYSE and its new owners, the ICE, it isn't, and as the following market share chart from Nanex shows, the NYSE whose share of the total NMS volume is shown in red, may well have stayed closed and few would even notice.

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Wed, 07/08/2015 - 15:46 | 6286828 Dead Canary
Dead Canary's picture

Have you seen the latest on King World News. They have a chart that shows silver is ready to:
E X P L O D E ! !

Wed, 07/08/2015 - 15:49 | 6286850 BeerMe
BeerMe's picture

Silver isn't going to explode until the Fed starts raising interest rates.

Wed, 07/08/2015 - 15:55 | 6286885 disabledvet
disabledvet's picture

Kinda interesting to think the price will collapse on the announcement of another QE actually.

Cash premiums are pretty amazing right now though.

Wed, 07/08/2015 - 16:08 | 6286950 clooney_art
clooney_art's picture

So does "Oxiclean" mean "No Clean". Just wondering.

Wed, 07/08/2015 - 16:10 | 6286966 SafelyGraze
SafelyGraze's picture

if you *like* your stock exchange, you can *keep* your stock exchange

Wed, 07/08/2015 - 16:27 | 6287058 Bilderberg Member
Bilderberg Member's picture

Down goes Frazier! Down goes Frazier! Down goes Frazier!

Wed, 07/08/2015 - 16:28 | 6287062 Son of Loki
Son of Loki's picture

All part of the "Efficient Market Hypothesis"?

 

or Chaos Theory?

Wed, 07/08/2015 - 15:56 | 6286894 froze25
froze25's picture

I never new silver was explosive, do you need to grind it up and mix it with something?  Just kidding, I hope it does if not thats ok.  Keep stacking.

Wed, 07/08/2015 - 15:57 | 6286897 LostPolarBear
LostPolarBear's picture

The Fed will never start raising interest rates.

Wed, 07/08/2015 - 16:18 | 6287012 kchrisc
kchrisc's picture

"The Fed will never start raising interest rates."

You are in for a very big surprise this fall or early winter.

Liberty is a demand. Tyranny is submission..

Wed, 07/08/2015 - 17:09 | 6287276 TheRedScourge
TheRedScourge's picture

The Fed probably won't do it, but the market will do it anyway.

Wed, 07/08/2015 - 15:58 | 6286905 Bay of Pigs
Bay of Pigs's picture

Interest rates have almost nothing to do with the gold and silver markets anymore. ZIRP and NIRP should have sent them to the moon by now. Lets face it, any real price discovery was virtually eliminated in the spring of 2011 and 2013.

Wed, 07/08/2015 - 16:00 | 6286915 froze25
froze25's picture

They are just assets in the end and we are in a deflationary trend. 

Wed, 07/08/2015 - 16:55 | 6287198 bbq on whitehou...
bbq on whitehouse lawn's picture

If you consider credibility as just another asset. Thats what gold is above all else. Governments are not devine they fail like every other human construct.

Wed, 07/08/2015 - 17:20 | 6287325 asteroids
asteroids's picture

The are an incredibly important assest. So much so that someone regularly spends a billion dollars to nakedly short gold and silver. The FEDS prints up money to specifically keep prices artificially low. Yup, that'll end well.

Wed, 07/08/2015 - 15:50 | 6286857 HedgeAccordingly
HedgeAccordingly's picture

correlation.. not alwasy causation but... volume before the halt was pathetic ..

http://hedgeaccordingly.com/2011/01/nyse-tick-emini-correlation-lesson-spy.html

Wed, 07/08/2015 - 15:58 | 6286858 Au_Ag_CuPbCu
Au_Ag_CuPbCu's picture

I believe I have seen that chart on the KWN website 1,000 times over the last 5 years...just sayin.  Which, if you read between the lines is a little embarrassing to admit.

Wed, 07/08/2015 - 15:50 | 6286861 Itshappening
Itshappening's picture

link please

Wed, 07/08/2015 - 16:00 | 6286916 Dead Canary
Dead Canary's picture

Just go to the site. It's been there every day for 4 fuckin years. I'm still a believer in silver, but KWN needs to change it's schtick.

Wed, 07/08/2015 - 15:52 | 6286870 Sophist Economicus
Sophist Economicus's picture

Gee - silver about to explode - On King World News you say...Wow!    :)

Wed, 07/08/2015 - 16:00 | 6286913 maskone909
maskone909's picture

you are about to hear a tremendous interview....

Wed, 07/08/2015 - 16:13 | 6286983 Tegrat
Tegrat's picture

FOFOA has a long post about silver going to sub $3 in real terms, while gold goes to moon. Anyone long silver should read it.

I have a monster box but lions share of my stacking in Au.

Wed, 07/08/2015 - 17:07 | 6287056 AL_SWEARENGEN
AL_SWEARENGEN's picture

Silver's been money longer than Gold.  The reason why FOFOA can't accept that along with Gold Silver historically functioned as money, is probably some long drawn out, very drawn out, swan song about why he thinks Gold is better than Silver.  In a world in which only debt currencies exist (mainstream useage) how someone can argue against owning much Silver but do own lots of Gold is unclear to me.

Wed, 07/08/2015 - 16:43 | 6287134 UncleChopChop
UncleChopChop's picture

can u post direct link or sum up the key point(s) please? if you're refering to that diatribe on the main page, it's pretty helter-skelter. and doesn't really inspire confidence.

Wed, 07/08/2015 - 17:27 | 6287216 Squid Viscous
Squid Viscous's picture

who in their right mind would ever go to that website?

Wed, 07/08/2015 - 16:01 | 6286924 BullyBearish
BullyBearish's picture

OMG...SPY a whole 4.3% off the highs...PANIC!!!!!!!!!!!

Wed, 07/08/2015 - 16:07 | 6286947 GeezerGeek
GeezerGeek's picture

The way ZH connectivity has been acting today, my head may explode before silver does. It's so bad that I'm almost ready to believe that that idiot Luddite AlGore really did invent the internet.

Wed, 07/08/2015 - 16:14 | 6286989 ZH Snob
Wed, 07/08/2015 - 16:10 | 6286960 suzannacuahjsouiqxxg
suzannacuahjsouiqxxg's picture

They've been saying that for about five years now. The odds would suggest that one day it will be true.

Wed, 07/08/2015 - 16:13 | 6286979 ZH Snob
ZH Snob's picture

they should've left it off a few more days.  maybe then they'd get interest going again.

the old nag just ain't what she use to be.

Wed, 07/08/2015 - 16:22 | 6287029 Took Red Pill
Took Red Pill's picture

King World News is not exactly an unbiased source of information

Wed, 07/08/2015 - 15:48 | 6286844 H H Henry P P P...
H H Henry P P P Paulson's picture

Not Your Stable Exchange

Wed, 07/08/2015 - 15:49 | 6286847 Seasmoke
Seasmoke's picture

The NYSE has No clothes. 

Wed, 07/08/2015 - 15:54 | 6286856 Squid Viscous
Squid Viscous's picture

Get Dick Grasso on the horn, pronto!

 

wait, he died from AIDS? so sad, an under-paid, under-appreciated 'Merkan hero

Wed, 07/08/2015 - 15:50 | 6286859 stant
stant's picture

I want the deer back! But put a monkey with hammer on its back

Wed, 07/08/2015 - 15:50 | 6286860 NoDebt
NoDebt's picture

Terrorists like to go after highly visible but typically long-obsolete or redundant targets.

So, I'm gonna have to go with terrorism.  It was the Norks, I'll bet 'cha.  They took out Sony and now they took out the NYSE.  We JUST. CAN'T. STOP. THEM.  Crafty bastards.

Wed, 07/08/2015 - 15:57 | 6286900 Utah_Get_Me_2
Utah_Get_Me_2's picture

Fellow ZHers.. this is the true face of the enemy we all face.

http://abcnews.go.com/Politics/bernie-sanders-superfans-love/story?id=32278869

Scroll down to moonbat numero uno Shannon McCartney. Terrifying. Just.. terrifying. The United States is so unbelievably fucked.

Wed, 07/08/2015 - 16:03 | 6286931 Dr. Engali
Dr. Engali's picture

I get so sick of these no life people glomming on to somebody thinking they are going to save them. News flash bitch, if he does et elected your life isn't going to get any better.

Wed, 07/08/2015 - 16:05 | 6286937 HughBriss
HughBriss's picture

What the fuck is wrong with her eyes?!?  Sweet Jebus!!!

Wed, 07/08/2015 - 16:19 | 6287016 Utah_Get_Me_2
Utah_Get_Me_2's picture

Notice her main cause for throwing her support behind ol Bernie.. 'Marijuana legalization advocate'. She is the poster child for fluoridated, mind controlled, extremely useful idiot. She is an empty vessel full of total bullshit. Like a sand art bottle from hell.

Wed, 07/08/2015 - 18:04 | 6287506 lordylord
lordylord's picture

Bernie "Lets double-down on every social program" Sanders

Free shit beats freedom everytime.

Wed, 07/08/2015 - 18:06 | 6287522 knukles
knukles's picture

State Dept to send 100,000 American college students to China as security for US debt obligations

Wed, 07/08/2015 - 15:52 | 6286866 BoPeople
BoPeople's picture

It was really weird to have a REAL market for a few hours. It was interesting to see the NYSE come back on line because there was a spike of activity that completely reversed the momentum and then it died out, as if those in control realized "oh, shoot, we can't reverse the whole day and walk everything up in an hour ... it would be too obvious".

Trust me, it is already obvious. It is control fraud, pure and simple. Those who lose money are losing money to fraud.

Wed, 07/08/2015 - 15:54 | 6286884 Bill of Rights
Bill of Rights's picture

I've been out for a month now but if I were long after what we witnessed today id be dumping as fast as the computer would allow. This is pure bull shit... They showed their hand today, and I'm even more convinced that this is all central bank bull shit not a market.

Even Hitler would be blushing ...

Wed, 07/08/2015 - 15:56 | 6286887 Dr. Engali
Dr. Engali's picture

The NYSE has almost come a full circle. Rise from trading by the buttonwood tree to the pinnacle of finance and now it's headed to the trash heap of history. 

Wed, 07/08/2015 - 15:56 | 6286889 youngman
youngman's picture

Like I said before..they are still announcing the game from an Arena where they dont even play the game anymore....

Wed, 07/08/2015 - 15:58 | 6286892 Dr. Engali
Dr. Engali's picture

Dupe: This Zero Hedge "glitch" is driving me goofy (not a very far drive admittedly) 

Wed, 07/08/2015 - 15:57 | 6286896 Rainman
Rainman's picture

Give the NYSE about 10 years, when the sheeps vow to never be sheared again,  and 11 Wall Street will become a giant food court or convert to condos.

Wed, 07/08/2015 - 15:59 | 6286911 youngman
youngman's picture

Probably Trump Tower II

Wed, 07/08/2015 - 16:00 | 6286914 The Delicate Genius
Wed, 07/08/2015 - 16:18 | 6287009 The Delicate Genius
The Delicate Genius's picture

U.S. cedes Arctic to Russia: ‘We’re not even in the same league,’ says Coast Guard chief

http://www.washingtontimes.com/news/2015/jul/8/us-cedes-arctic-russia-we...

Wed, 07/08/2015 - 16:03 | 6286932 ebworthen
ebworthen's picture

Sheesh, it's like the Sands or the Sahara in Vegas shutting down.

No more Rat Pack, no more booze and smokes and hot broads.

Just imitators, people in sweat pants, and smoke free tables.

Wed, 07/08/2015 - 16:41 | 6287129 Squid Viscous
Squid Viscous's picture

I caught the end of AC at the "atlantic club" previously hilton... folks were sharing menthol cigs at the $5 blackjack table, priceless

Wed, 07/08/2015 - 16:07 | 6286945 grunk
grunk's picture

30 minutes to go.

Please place seat backs and tray tables in their full upright position.

Wed, 07/08/2015 - 16:22 | 6287028 Au_Ag_CuPbCu
Au_Ag_CuPbCu's picture

Then lean forward and put your head between your knees...and prepare for impact.

Wed, 07/08/2015 - 16:10 | 6286963 WTFUD
WTFUD's picture

So heavy was the selling that the algos cried enough and initiated controls. You can never leave the house with the Cabal's money.

Wed, 07/08/2015 - 16:19 | 6287015 grunk
grunk's picture

You got cyber-attacked in a down market.

Wed, 07/08/2015 - 16:29 | 6287065 Son of Loki
Son of Loki's picture

Tomorrow should be fun!

Wed, 07/08/2015 - 18:01 | 6287500 novictim
novictim's picture

It is not a "Strap your seat belt tight!" moment when the Train is heading off the cliff.

It's a bail out moment.  Keep track of those personalities telling you that everything is "A-Ok!".

These are the same folks that snoozed through the 2008 collapse and they have nothing wise to share with you.

Wed, 07/08/2015 - 18:06 | 6287520 Wilcox1
Wilcox1's picture

Does anybody know of a good volume counter? It looked like the one at Marketwatch started back over from zero on the Dow and the S&P 500 when the NYSE restarted trade this afternoon.

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