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What Happens At 11:30 Again

TedTed
in Fund Discussions
FYI: Global risk assets got pounded this morning, with gruesome price action in European equities putting big pressure on US equity futures as well as emerging market equities. Selling reached a crescendo at 11:30 AM ET as closing bells rang across Europe. Within 15 minutes, US risk markets bottomed and by 1:00 PM US small caps were positive
Regards,
Ted
http://www.bespokeinvest.com/thinkbig/2014/10/2/what-happens-at-1130-again.html?printerFriendly=true

Comments

  • heezsafe
    After the European close, the HFT algos, and probably the Fed's trading room, get to work, "of course." .....sigh.....
  • JohnChisum
    The servers at the HFT farm in New Jersey click into high speed.
  • PopTartPopTart
    Draghi didn't do the markets any favors. I reckon his lack of action caused the European sell off and the morning sell off here.
  • Old_JoeOld_Joe
    Draghi pretty much has his hands tied by Angela.:-(
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