With Stocks in Freefall, Nasdaq Breaks... (Stocks Soar)

Tyler Durden's picture




 

Exchange says Nasdaq/Finra TRF -- a service dark pools and other off-exchange venues use to report stock trades -- is experiencing technical issue.

 

“Nasdaq is working on failing over affected connections and customers may see further disconnections as this process takes place,” Nasdaq says in notice at 9:32am.

 

NOTE: Systems like Nasdaq TRF knit together U.S. stock trading, which is spread across dozens of markets. Though trades could happen even without the TRF, they might not get recorded publicly.

Seriously!! It appears "breaking" the market is the ultimate circuit breaker.

 

Of course it was obvious this was coming after quite stuffing reaches record levels...

 

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Fri, 01/15/2016 - 09:59 | 7050320 silverer
silverer's picture

Oh, perfect.  Just perfect.  Like to see a 'chart' showing 'technical issues' that occur on upside vs. downside.

Fri, 01/15/2016 - 10:02 | 7050361 red red wine
red red wine's picture

A real "Break" would be an American Archduke Ferdinand moment.

Fri, 01/15/2016 - 11:00 | 7050472 americhinaman
americhinaman's picture

ZH has the causality in the wrong direction.

the market rose because dudley at that moment said that the US economy is on track for above-normal growth and so are the targeted rate hikes... not saying his comments are grounded in reality, but that's why the market moved.

the nasdaq broke for the same reason, the rush of HFT orders being cancelled and flipped in direction.  

Fri, 01/15/2016 - 11:43 | 7050709 KnuckleDragger-X
Fri, 01/15/2016 - 10:02 | 7050363 red red wine
red red wine's picture

A real "Break" would be an American Archduke Ferdinand moment.

Fri, 01/15/2016 - 10:02 | 7050369 _ConanTheLibert...
_ConanTheLibertarian_'s picture

You mean a chart of the tech diffs of ZH ?

Fri, 01/15/2016 - 10:00 | 7050328 _ConanTheLibert...
_ConanTheLibertarian_'s picture

WOW that's a lot of articles today!

I suggest ZH spend some time fixing the infratructure. What's the point of posting articles if we can't read them.

Fri, 01/15/2016 - 10:03 | 7050372 vq1
vq1's picture

expedience of information > volatility

Fri, 01/15/2016 - 10:05 | 7050391 More Ammo
More Ammo's picture

Causes all these multiple posts too?

Fri, 01/15/2016 - 10:13 | 7050415 conscious being
conscious being's picture

Because on this special day, ZH is under attack.

Fri, 01/15/2016 - 11:00 | 7050406 two hoots
two hoots's picture

Send them a donation/support and maybe they will? We should all send them one on the money they saved us.

Fri, 01/15/2016 - 10:14 | 7050418 Theta_Burn
Theta_Burn's picture

The whole internet feels glitchy on my end.

Fireworks everywhere...

http://map.norsecorp.com/

Fri, 01/15/2016 - 10:14 | 7050420 Theta_Burn
Theta_Burn's picture

The whole internet feels glitchy on my end.

Fireworks everywhere...

http://map.norsecorp.com/

Fri, 01/15/2016 - 10:01 | 7050343 SoDamnMad
SoDamnMad's picture

Have no fear, PPT is working from the very opening.  Nothing to see here, move along.

Mark Hubert of MARKETWATCH quoting a correction can be over before you know it.

And I can send you specifications for a bridge I am going to sell.

Fri, 01/15/2016 - 10:01 | 7050347 SoDamnMad
SoDamnMad's picture

Have no fear, PPT is working from the very opening.  Nothing to see here, move along.

Mark Hubert of MARKETWATCH quoting a correction can be over before you know it.

And I can send you specifications for a bridge I am going to sell.

Fri, 01/15/2016 - 10:02 | 7050359 Bruce Gender
Bruce Gender's picture

Plunge Protection Team loaded up! Fed transparency!

Fri, 01/15/2016 - 10:02 | 7050370 Somewhat Evolve...
Somewhat Evolved Monkey's picture

I think it might be time to go short.

Fri, 01/15/2016 - 10:03 | 7050373 Seasmoke
Seasmoke's picture

Funny how there were no breaks when we went up 250 points in 25 minutes.

Fri, 01/15/2016 - 10:03 | 7050375 mtndds
mtndds's picture

well that turned around quickly.

 

 

Fri, 01/15/2016 - 10:03 | 7050377 mtndds
mtndds's picture

well that turned around quickly.

 

 

Fri, 01/15/2016 - 10:05 | 7050390 Squid Viscous
Squid Viscous's picture

down 420, time for Phil The Bowl...?

Fri, 01/15/2016 - 10:06 | 7050398 Sanity Bear
Sanity Bear's picture

Dow down 420... smoke 'em if you got 'em

Fri, 01/15/2016 - 11:04 | 7050492 MsCitizen2
MsCitizen2's picture

AT 420, what is the market telling us to SMOKE?

Fri, 01/15/2016 - 12:32 | 7051031 sun tzu
sun tzu's picture

Cigars for the zeroes and crack for the longs

Fri, 01/15/2016 - 10:11 | 7050409 ebworthen
ebworthen's picture

Hindenburg come loose from its moorings again?

Fri, 01/15/2016 - 10:55 | 7050446 Mr. Universe
Mr. Universe's picture

Guy asked for a light, how was I to know he was covered in gasoline?

Fri, 01/15/2016 - 11:00 | 7050471 Panic Mode
Panic Mode's picture

You can buy but you can't sell. Sounds reasonable

Fri, 01/15/2016 - 11:01 | 7050478 Kirk2NCC1701
Kirk2NCC1701's picture

PPT = Fiat Casino Management

Capitalism? Free Enterprise? What is this "so last century stuff you speak of?" We are now into NWO Central Planning.

Onward, World Socialists!

Fri, 01/15/2016 - 11:10 | 7050520 Nico72
Nico72's picture

Obama on SOTU: "I'm BULLSHIT on economy!".

Fri, 01/15/2016 - 11:11 | 7050527 SilverSphinx
SilverSphinx's picture

"Though trades could happen even without the TRF, they might not get recorded publicly."

they might not get recorded publicly

 

Isn't that special?

Fri, 01/15/2016 - 11:17 | 7050557 SillyWabbits
SillyWabbits's picture


The stock market will always be more about capitalizing on dumb people than about investing in good companies.


 

 Jonathan Gilbert quotes 

Fri, 01/15/2016 - 11:20 | 7050579 The Fonz...befo...
The Fonz...before shark jump's picture

These markets are peddling fiction

Fri, 01/15/2016 - 12:25 | 7050958 cdude
cdude's picture

It's almost embarrasing how obvious these "tricks" have become. I sign of desperation to be sure.

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