Circuit breaker limits today Level 1 – S&P must fall 7% – 176.88 pts Level 2 – S&P must fall 13% – 328.50 pts Level 3 – S&P must fall 20% –505.38 pts. WTI (West Texas Intermediate) Oil explodes higher – surging as much as 35% before taking a breath and ending the day up [...]
Circuit breaker limits today Level 1 – S&P must fall 7% – 180.92 pts Level 2 – S&P must fall 13% – 325.99 pts Level 3 – S&P must fall 20% –516.92 pts. Crash, Bang Boom! Large and mid-cap stocks got clobbered yesterday while the small caps (think Russell) got absolutely creamed and it didn’t [...]
Circuit breaker limits today Level 1 – S&P must fall 7% – 180.92 pts Level 2 – S&P must fall 13% – 325.99 pts Level 3 – S&P must fall 20% –516.92 pts. The quarter end window dressing rally that began on March 23rd – and took the S&P up nearly 20% off the lows [...]
Circuit breaker limits today Level 1 – S&P must fall 7% – 183.87 pts Level 2 – S&P must fall 13% – 341.46 pts Level 3 – S&P must fall 20% –525.33 pts. Stocks rallied again on Monday with the Dow adding 690 pts or 3.19%, the S&P jumping 85 pts or 3.35%, the Nasdaq [...]
Circuit breaker limits today Level 1 – S&P must fall 7% – 177.90 pts Level 2 – S&P must fall 13% – 330.39 pts Level 3 – S&P must fall 20% –508.29 pts. So was it a bear market trap, that 4000 pt move higher last week? Stock futures were down in pre-market trading on [...]
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 [...]