Trading was halted 1,200 times Monday

Trading halted 1200 times Monday

The selling on Wall Street was so dramatic Monday that it triggered unprecedented emergency freezes on stocks.
Stocks and exchange-traded funds were automatically halted more than 1,200 times, according to Nasdaq.

The high level of trading pauses highlights just how extreme the selloff was in a short span of time. Fears about China's economic slowdown caused the Dow to plummet over 1,000 points when the market opened. The Dow ended down 588 points, its worst decline since August 2011.

Installed after the May 2010 flash crash, the so-called circuit breakers are designed to slow down dramatic selling or buying. They are typically triggered when stocks dive or spike by a certain amount in a matter of minutes. Think of it as a time out. Trading is halted for five minutes, giving investors a chance to calm down and allowing cooler heads to step into the market.

Normally there are a few dozen trading halts a day. But Monday wasn't a normal day with 1,200 halts.
"That's huge. I've never seen that many halts," said Dennis Dick, a market structure consultant at Bright Trading.
Dick said he believes the stock market may have suffered even worse losses if it weren't for the trading pauses.
"The circuit breakers are designed to prevent a full-on flash crash. Those circuit breakers kind of saved the day," he said.

So, long story short, the stock market is being manipulated by the government in a similar fashion as China's stock market.

Essentially, if it wasn't for the "circuit breakers", who knows how far stocks may have crashed on Black Monday?

My fingers are crossed that we see a small rebound in the markets tomorrow.

Short covering tomorrow.

a reply to: BattleStarGal

This piece by Paul Craig Roberts was a intersting read

Central Banks Have Become A Corrupting Force
By Paul Craig Roberts and Dave Kranzler

August 24, 2015 "Information Clearing House" - Are we witnessing the corruption of central banks? Are we observing the money-creating powers of central banks being used to drive up prices in the stock market for the benefit of the mega-rich?

These questions came to mind when we learned that the central bank of Switzerland, the Swiss National Bank, purchased 3,300,000 shares of Apple stock in the first quarter of this year, adding 500,000 shares in the second quarter. Smart money would have been selling, not buying.

It turns out that the Swiss central bank, in addition to its Apple stock, holds very large equity positions, ranging from $250,000,000 to $637,000,000, in numerous US corporations — Exxon Mobil, Microsoft, Google, Johnson & Johnson, General Electric, Procter & Gamble, Verizon, AT&T, Pfizer, Chevron, Merck, Facebook, Pepsico, Coca Cola, Disney, Valeant, IBM, Gilead, Amazon.

www.informationclearinghouse.info... Mike Whitney also has a new piece out worth checking out

Stock Selloff: Panic Time or a Blip on the Radar?

By Mike Whitney

“Not only is the equity market at the second most overvalued point in U.S. history, it is also more leveraged against probable long-term corporate cash flows than at any previous point in history.”

— John P. Hussman, Ph.D. “Debt-Financed Buybacks Have Quietly Placed Investors On Margin“, Hussman Funds

“This year feels like the last days of Pompeii: everyone is wondering when the volcano will erupt.”

— Senior banker commenting to the Financial Times

www.informationclearinghouse.info...

Nothing was fixed in 08.

They bailed out the banks instead of the people with the people's money.

There is new bubbles forming.

My generation isn't working, buyin new cars, of buying houses.

The college debt crisis is coming.

This is planned so they can offer us a bailout with a new currency.

a reply to: BattleStarGal

Follow the money! I guarantee you a small group of individuals made a killing today on put options. Those individuals are the ones we need to look into.

Enough already....

The stock market has always been based off of imaginary bullcrap...

The impending doom crap is not healthy, and waiting for the other shoe to drop is kinda sad...

I hate to say it, but god damn get a life and stop sitting here counting straws...

Sorry man, but damn should be out trying to be happy, not sitting here waiting for the STHTF...


If that is what you want to do so be it, I just thought I would try to help..

I dont think the end of the world will occur this year guys...

a reply to: xuenchen

sorry..what does that mean?

a reply to: Bicent76

I promise I have a real 9 to 5 job and a real life outside of ATS. I hop on here in the evenings and post occasionally.

I'm not spreading doom porn. I'm just stating the truth of the situation.

well I read the boards today, and it consisted of the sky is going to fall starting in the morning with the market, and north Korea, was going to start world war three, and now at the end of the day, the market rebounded and North and South Korea, came to an agreement...

So the bottom line is this, we cannot do anything about this stuff, and worrying about it, is not healthy..

We have no control over it, we need to hope the powers that be, keep the wheel turning, is it right, not always, but it is also not our fault...

Anyhow will our lives get easier doubtful, based off of this hocus pocus crap, doubtful but we need to keep worrying and working for ourselves...

This world politic crap we have no control over..

a reply to: BattleStarGal

From what I am seeing right now,China's stock market is continuing to fall. Will it rebound through the night? No idea. But should be an interesting morning tomorrow.

a reply to: BattleStarGal

Sounds like when during a soccer match the game is halted for a minute or two while a player flops on the ground from a fake injury, and then pops up again ready to go. And this happening 100's of times during a match.

Tomorrow we will see the same at the opening bell.

a reply to: BattleStarGal

Something is off abiut this number

If trading is halted for 5 min each "time out"

Then there can be only 12 time outs each hour

That makes 1200 timeouts around 100 hours

Or nearly four days

What am I missing?

Eta even if each time out was only 1 min then thats 60 an hour or which makes 20 hours of timeout

And only four hours of trading in 24

originally posted by: onequestion
Nothing was fixed in 08.

They bailed out the banks instead of the people with the people's money.

There is new bubbles forming.

My generation isn't working, buyin new cars, of buying houses.

The college debt crisis is coming.

This is planned so they can offer us a bailout with a new currency.

Yep but this time a bailout won't be possible.

originally posted by: Another_Nut
a reply to: BattleStarGal

Something is off abiut this number

If trading is halted for 5 min each "time out"

Then there can be only 12 time outs each hour

That makes 1200 timeouts around 100 hours

Or nearly four days

What am I missing?

Eta even if each time out was only 1 min then thats 60 an hour or which makes 20 hours of timeout

And only four hours of trading in 24

The circuit breakers can apply to individual equities as well.

originally posted by: onequestion
Nothing was fixed in 08.

They bailed out the banks instead of the people with the people's money.

There is new bubbles forming.

My generation isn't working, buyin new cars, of buying houses.

The college debt crisis is coming.

This is planned so they can offer us a bailout with a new currency.

The college debt crisis is here...It's been here. I should know, I have been SCREWED by one of my student loan companies. The other one, I am a-ok with and have been. But the other one, not so much. They do SO MANY dirty, illegeal and unethical things in order to force default, and worse, garnish wages it is disgusting. Really.

Idk what to even call it except illegal and dirty. It is awful and I am only one of millions of people this happens to by these unscrupulous student loan companies.

a reply to: lovebeck

Must be a great business to get into, where do we start?

a reply to: onequestion

Everything the USA can do, the Chinese , India and Russia can do better.
More important...cheaper !!!

The USA has fallen behind.
To many old non working people.
The generation that should work live on foodstamps.
So a few jobs in banking-scamming and service providing sectors remain.

Once people see the dollar for what it really is, just secondhand paper, the price will be accordingly.
No more government, no goods can be bought with the dollar anymore.

Everything that has to be imported has to be paid for with something else then dollars.
The USA does not have such quantity's of gold or silver, to buy foreign goods.

The connection of oil and the dollar is ending as OPEC sees the dollar as just paper too.
The Oil-country's prefer non dollar payment.

When the artificial demand for the dollar is gone, the dollar is going to be bad currency.
Fiat-money, with nothing to back the value of the dollar up.

The amount of dollars is now just made on the computer,
The new dollars are not even printed any more.
Just the amount of dollars on the computers is made more in digits, just and only digitally.

The trade on the dow was stopped for 1200 times, still dropping the dow with 1.000 points to less then 600 points.

The dollar is going down the drain and corporate america with it.

It has been predicted.

The boys from upstairs did try to find a patchy.
A war to blame the collapse of the dollar on, but failed.

I my eyes it's the doubling or tripling of amount of dollars, that seems to make the dow collapse.
But 1 dollar is made into 30 cents, so 1 dollar of dividend is now 30 cents.

No demand for the dollar in the world.
Cheap energy, by vrecking and payment in euro's, gold, commodity's and other currency's.

Still typing extra digits on the computer, so personal of the government can be payed.

With just paper.

Once military and police find out that their income , their dollar can not buy any goods anymore, then they will wonder...
And from the second worldwar is a lesson to be learned.

Did any researcher ever find what happened to all those captured soldiers?
Who shot them, where and where are they buried?

Nobody knows.
A soldier is just a soldier.
Those who know to much or have seen to much are simply killed.
Dead man tell no tales.

This is how this works, for thousands and thousands of years.
The police and soldiers who will shoot at their own people, will be silenced.

No policeman or soldier can ever say in court, my boss gave me orders and killed one of our man in our platoon, who refused as an example. We would have been shot too, if we did not follow orders.

Such soldiers will never be able to take the stand in a court of justice.
Never have, never will.

That is the way to keep a secret.
Anyone who worked at the grave of Attila or other rulers with fortunes in their grave, all those grave-workers have been killed.
To keep the secret a secret

A perfect way to keep a secret a secret is not likely to be chanced.
Old Egyptian Farao's made sure that those with to much inside knowledge were killed.
Knowing that their place of their grave if revealed would be robbed.
Preventing revealing, is made sure by killing all those who can talk to much.

Let any soldier who is ordered to shoot his own fellow man be sure, he is not going to make it alive.
He will be prevented to inform the world, to tell others.

Sealteam 6
Job has been done and the order to shut your mouth is ignored, so is made sure that those of sealteam 6 do shut their mouths, for sure, for ever!

The soldiers of ythe USA is clear that if they shot someone brother or son or father, an other soldier is shooting his brother, his son or his father.
The army commanders can not have soldiers shoot their own brothers, sons and fathers.
So the soldiers trade places.
I shoot your brother and you shoot my brother.
Better for moral...

After the soldiers have neutralized the threat, the will be not be needed anymore are are nothing more like the squeezed lemon.
Used.
Killing people for fake paper money.
And the soldiers who will kill will be killed, to prevent them ever talking about the things they did.

Nothing new.

a reply to: Emerys

I trade options on a small scale. With the volatility in the market over the past few weeks, I've done pretty good, with yesterday being really good. I sold all my Puts at a profit, but also bought calls, especially in Apple.

I think a big reason for the mini crash yesterday is computerized trading, especially high frequency trading. Of course, China's economic issues are also to blame, but our markets have acted independently of the world markets before and will certainly continue to again. Other than China, other markets in Asia fared better today.