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US Equities Tumble Into Red As "Spoofer" Sparks Sell-off

Submitted by Tyler Durden on 10/07/2015 11:15 -0400

A huge build in crude inventories started the ball rolling but a sudden "spoofer from above" sent US equities slumping this morning. The Dow and S&P have now joined the Nasdaq in the red...

Is "someone" trying to push the market lower? To enable The Fed to stay on hold for longer...

Here's that 2000 contract sell order that chased eMini down at 10:51 $ES_F pic.twitter.com/lurKC2ejai

— Eric Scott Hunsader (@nanexllc) October 7, 2015

Just like we saw yesterday...

Our software isolates testing/spoofing.
A clear pic of an #HFT test run in eMini this morning $ES_F pic.twitter.com/LMCUogwKIW

— Eric Scott Hunsader (@nanexllc) October 6, 2015

- advertisements -

Wed, 10/07/2015 - 11:18 | 6639803 viahj

just chasing a little liquidity into the 10yr auction, normal ramp to resume post results

Wed, 10/07/2015 - 11:20 | 6639813 Hype Alert

HFT wars.

Wed, 10/07/2015 - 11:34 | 6639865 NoDebt

Did Gartman announce he just turned bullish again?

Wed, 10/07/2015 - 15:30 | 6641095 Nenad

Obama will not finish his second term! Banned independent documentary reveals the truth. This will scare millions! Current Events Linked to Ancient Biblical Prophecy!

http://motivationdose.com/is-america-babylon/

Wed, 10/07/2015 - 12:19 | 6640082 KnuckleDragger-X

Naaa, this is merely a "police action"......

Wed, 10/07/2015 - 11:22 | 6639824 Maplehood

Dont' worry, spoofing is illegal. Just like robbery and murder.

Wed, 10/07/2015 - 11:18 | 6639805 knukles

Spooker?

Wed, 10/07/2015 - 11:19 | 6639811 Soul Glow

The market shat the bed. It's scared of ghosts.

Wed, 10/07/2015 - 11:57 | 6639977 Kaervek

Spooks

Wed, 10/07/2015 - 11:20 | 6639814 arbwhore

Time to start searching the basements of Indian homes.

Wed, 10/07/2015 - 11:23 | 6639829 mrdenis

Aeeee Kemosabe

Wed, 10/07/2015 - 11:29 | 6639843 arbwhore

Think "dot", not "feather".

Wed, 10/07/2015 - 11:44 | 6639909 Tyrone Shoelaces

Where does 'Lizbeth Warren live?

Wed, 10/07/2015 - 11:22 | 6639820 pods

Frog march another brown dude, ASAP.

pods

Wed, 10/07/2015 - 11:22 | 6639823 mrdenis

I will not be intimidated ....

Wed, 10/07/2015 - 11:23 | 6639826 franzpick

I see a roadsign: CHART TROUBLE

JUST AHEAD

Wed, 10/07/2015 - 11:28 | 6639839 Headbanger

I see dead banksters dead ahead.

Wed, 10/07/2015 - 11:37 | 6639873 franzpick

Yes. Sign says: CAUTION

BANKERS

DEAD AHEAD

Wed, 10/07/2015 - 11:42 | 6639899 knukles

I've always wondered about signs like that.
Like ones that say "Slow Children"
Why the fuck would anybody let their slow children play in the street? Darwin award time?

Wed, 10/07/2015 - 12:24 | 6640101 stant

And the lost indian brave falling rock

Wed, 10/07/2015 - 12:31 | 6640121 Nobody For President

I took a picture of a "Slow Golfers" sign I used to pass regularly - of course golfers are slow, watching golf is like watching grass grow.

Wed, 10/07/2015 - 11:24 | 6639831 Dr. Engali

WTF Janet? Didn't the courageous Bernank teach you anything? It's ctrl-p..., should we put a big red button there so you can see it better?

Wed, 10/07/2015 - 11:25 | 6639832 two hoots

Wait, wait until you see the green in their eyes.

Wed, 10/07/2015 - 11:42 | 6639834 Ajax_USB_Port_R...

Desperation! Think it's time to watch "Rouge Trader" again. It's been awhile.

Wed, 10/07/2015 - 11:27 | 6639837 abyssinian

spoofer or not, that was weak! Prob. Carl Ichan trying to cash in his pus options hedges. :)

Wed, 10/07/2015 - 11:30 | 6639848 FreeShitter

Evil doer.

Wed, 10/07/2015 - 11:32 | 6639853 buzzsaw99

Don't know about this new crew of yours. They seem a bit skittish. Probably shouldn't tell 'em what happened to the last crew. [/Riddick]

Wed, 10/07/2015 - 11:47 | 6639932 Occams_Razor_Trader

To the tune of "Anticipation":

Manipul aaaaaaaaaaaaaa tion - Manipul aaaaaaaaaaaaaa tion

is making me late

It's keeping me way- hay- hay- hay- ting!

For you youngsters- think of the Ketchup commercial.

Wed, 10/07/2015 - 11:56 | 6639974 RadioFlyer

Wait until they pull Rule 666

Wed, 10/07/2015 - 12:02 | 6640007 Trips Trading

S&P500 5 waves up..OCT 9 and 16 seem relevant

http://tripstrading.com/2015/10/07/sp500-4h-chart-nr-and-strategy-update/

http://tripstrading.com/2015/10/06/sp500-1987-vs-2011-vs-2015-pattern-of...

Wed, 10/07/2015 - 12:03 | 6640011 Dazman

Based on the market depth and volume profile, it looks like this order executed. More likely someone caught long and looking to quickly get out, but not with a market order to push even lower.

Wed, 10/07/2015 - 13:23 | 6640353 alphahammer

...

Exactly. So what and where is this supposed "spoofer"? It was a legitimate trade.

Wed, 10/07/2015 - 12:07 | 6640036 rayban

"Somebody" wants the market lower.... are you serious? After a 100-point rally in Spoos from Friday open into Monday close and a probe of the 2k level?

It's not spoofing; it's real selling after the ramp job.

Wed, 10/07/2015 - 12:35 | 6640142 DowTheorist

Keep an eye on the SPY. If the sep 16 closing highs were bettered, a primary bull market would be signaled, as explained here

http://www.dowtheoryinvestment.com/2015/10/dow-theory-update-for-october...

It seems today this is not going to happen, and hence, the primary bear market is not to be declared death yet.

Wed, 10/07/2015 - 13:45 | 6640477 MadVladtheconquerer

Looks like the reversal has reversed. Dow transports are smoking.

SPY could not hold 1990 this am but is back to 1992 now.

DJIA closed at 16740 on 9/16. Closed above that level on Mon and Tues of this week (16776 and 16790). Thus, per the aforementioned link in post #6640142,

that criterion has already been met. And it looks like it will close higher today barring another reversal.

Wed, 10/07/2015 - 15:44 | 6641184 MadVladtheconquerer

3:30 ramp in full force.

Strong close and upmove tomorrow morning should remove all doubts that the bottom is in.

Don't fight the Fed.

US Equities Tumble Into Red As "Spoofer" Sparks Sell-off

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