Nomi Prins' Financial Road Map For 2016: "The Potential For Chaotic Fluctuations Is Greater Than Ever"
Authored by Nomi Prins, author of "All The Presidents' Bankers", via NomiPrins.com,
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Dear Retail Investor: Here's How Your Stop Orders Really Work
As described by Nanex LLC's Eric Scott Hunsader,
Retail stop orders await execution, typically at common price intervals (0.00, 0.25, 0.50) at the Wholesaler. Wholesalers know those price levels and can anticipate and exacerbate the downside movement to increase net profits.
How?
Wholesalers create a composite view of the Order Book (Bid/Offer at each Price Level) across all exchanges.
'Still' Safe On The Sidelines - 501 Days And Counting
Submitted by David Stockman via Contra Corner blog,
On December 28 we laid out the reason why the Wall Street casino should be avoided at all hazards in a post entitled “Safe On the Sidelines - 405 Days And Counting.” We referred to the fact that the S&P 500 had first crossed that day’s close at 2052 in November 2014, and had vibrated sideways ever since.
We are still counting. After this week’s carnage the number has risen to 501 days, but our belief that the stock market casino has just begun its descent has only been further reinforced.
Dow Swings 1000 Points In 24 Hours As Crude Carnage Continues
1000 points of Dow swings, VIX manipulations, and desperate talking heads, and still red...
On the day, Nasdaq was red, S&P unch, Small Caps green...
What Does Citi's "Bear Market Checklist" Predict About The Future
Earlier we showed why, one day after JPM said that "the regime of buying the dips might be over and selling any rallies might be the new one", another major bank, this time Citigroup, said that after six years of outperformance, "fading EPS momentum and rising Fed funds mean that... we cut the US to Underweight."