Just after the open of stock trading today, when the evil forces of selling and shorting seemed on the verge of a momentuous victory over the heroic forces of toner and cartridge and cause a historic 0.1% crash in the S&P, we made an assessment:
Market is in desperate need of horrible Chicago PMI miss
— zerohedge (@zerohedge) April 30, 2013 [3]
Minutes later we got just that out of Chicago [4].
And confirming that the "market" has become the biggest manipulated joke, inside a farce, wrapped in Kevin Henry's VWAP algo, as expected the S&P just went green.
[5]