While not as obvious as spoofing crude or stock futures, today's broken market covers some of the largest and most widely-held stocks in the US market. From JPMorgan to Johnson & Johnson, and from Pfeizer to GE, shortly before the cash open this morning, 13 major stocks saw sudden massive swings from 5 to 15%...
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Is it manipulation when an algo freaks out? Perhaps not... but just exactly what liquidity is being provided and how are retail traders helped by this kind of chaos?
Come on Mary!! Do a better bloody job!
Source: @NanexLLC
