All posts by uranium-pinto-beans

TGIF

After almost 9 months of dull consolidation, the market gave birth to a market that eerily resembled that of the financial crisis in 2008.  Stocks can be found gyrating on a minute to minute basis, spiking lower only to inexplicably rally some 3% in a matter of an hour.

Look no further than yesterdays trading session.  At  3PM  the buybots took control of a rapidly weakening stock market and rallied it into the close.  The $SPY made a normally  3 to 5 day market move to the upside in less than an hour.

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