Unleash 'The Andy Hall Algo'... it seems the quarter-, year-end mark-ups may just be required to maintain 'some' hedge funds and hold off liquidation for another quarter...
Some context for this latest "The Bottom" in oil...
Even stocks have stopped playing along with oil's silly game...
What next?
For those stuck watching algos frontrun today's market paint drying, here is the full calendar of today's early market closures.
Floor Trade:
Electronic Trade:
After a furious three day "dash for trash", no volume, no breadth, commodity-driven rally, even Santa is now exhausted and overnight US equity index futures were little changed with European and Asian shares mixed. The dollar has declines as gold, silver gain, with WTI initially continuing its recent meteoric rise (up over 8% in the past three days, nearly hitting $38), only to reverse and give up all overnight gains moments ago.
How the illusion of the Free Market is really a market constrained by historical power. Everyone is a peasant under New Feudalism. Banking is a system of faceless despotism where everyone must serve the corporate charter and nonsensical inflation.
Submitted by Brandon Smith via Alt-Market.com,