Circuit breaker limits today Level 1 – S&P must fall 7% – 181.10 pts Level 2 – S&P must fall 13% – 341.91 pts Level 3 – S&P must fall 20% –526.01 pts. Unbelievable! Stocks surged 6.4% taking this week’s gains to better than 20% across the board. So the bear market that happened in [...]

Circuit breaker limits today Level 1 – S&P must fall 7% – 173.29 pts Level 2 – S&P must fall 13% – 321.83 pts Level 3 – S&P must fall 20% –495.11 pts. Enormous! That is the way to describe what happened on Tuesday while CONFUSION is what happened on Wednesday. Now, yes – stocks [...]

Circuit breaker limits today Level 1 – S&P must fall 7% – 171.31 pts Level 2 – S&P must fall 13% – 318.15 pts Level 3 – S&P must fall 20% –489.46 pts.   Enormous! That is the way to describe what happened on Tuesday. As the algos went all in – taking stocks higher [...]

Circuit breaker limits today Level 1 – S&P must fall 7% – 156.62 pts Level 2 – S&P must fall 13% – 290.86 pts Level 3 – S&P must fall 20% –447.48 pts. Yesterday morning, US futures were indicating a lower open as Washington, DC falls down. Congress refuses to pass a rescue package and [...]

Circuit breaker limits today Level 1 – S&P must fall 7% – 161.34 pts Level 2 – S&P must fall 13% – 299.64 pts Level 3 – S&P must fall 20% –460.98 pts. Nowhere to run, nowhere to hide – No – this is not the Martha and the Vandella’s version of that song of [...]

Circuit breaker limits today Level 1 – S&P must fall 7% – 168.65 pts Level 2 – S&P must fall 13% – 313.22 pts Level 3 – S&P must fall 20% –481.87 pts. So the selling finally subsided a bit – it felt as if it was seller’s exhaustion – a condition when the security [...]

Circuit breaker limits today Level 1 – S&P must fall 7% – 167.86 pts Level 2 – S&P must fall 13% – 311.75 pts Level 3 – S&P must fall 20% –479.62 pts. Stocks CRASHED again yesterday – as the selling from around the world continued – as markets came under pressure the selling became [...]

Circuit breaker limits today Level 1 – S&P must fall 7% – 177.04 pts Level 2 – S&P must fall 13% – 328.79 pts Level 3 – S&P must fall 20% –505.84 pts. Stocks SOARED yesterday (go figure) after the massive beating they took on Monday. Futures all over the place in the morning suggested [...]

Circuit breaker limits today Level 1 – S&P must fall 7% – 189.77 pts Level 2 – S&P must fall 13% – 352.43 pts Level 3 – S&P must fall 20% –542.20 pts. Stocks get hammered – falling almost twice the amount of our European counterparts. The Dow losing 3000 pts or 13%! The S&P [...]