The Algorithms Went All In
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 [...]