Trading was halted 1,200 times Monday

**Carol** Tue Aug 25, 2015 9:20 am

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Trading was halted 1,200 times Monday

Carol Tue Aug 25, 2015 9:20 am

Trading was halted 1,200 times Monday
http://money.cnn.com/2015/08/24/investing/stocks-markets-selloff-circuit-breakers-1200-times/index.html

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.

Related: Inside Wall Street's insane day of swings

Circuit breakers helped prevent a flash crash

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.

Related: This is not the time to dump your stocks
Alarming ETF meltdown

But a closer look at the securities that were halted also raises questions. The circuit breakers were implemented more than 600 times on ETFs, the increasingly-popular securities that trade like stocks. ETFs hold a basket of stocks, removing the risk of betting on a single company.

ETF.com examined the pricing action and discovered at least eight ETFs that showed "flash-crash" style drops at the opening of trading.
A number of them are tiny ETFs like the iShares Core Conservative Allocation ETF (AOK) and Emerging Markets Internet & Ecommerce ETF (EMQQ). In some ways, that may be expected given how smaller ETFs lack liquidity -- the ability to quickly get in and out of a security, even during market turbulence.

Related: Stock market drop...by the numbers
Large ETFs mysteriously dive

Yet other ETFs that experienced panic selling are far larger and wouldn't be expected to have that kind of turbulence. For example, the iShares Select Dividend ETF (DVY) plummeted as much as 35% at its lows.

That's a stunning move considering this BlackRock (BLK)-backed ETF is worth over $13 billion and is focused on stable American stocks that have a long history of paying dividends.

None of this ETF's top holdings -- like Lockheed Martin (LMT), Philip Morris Internationa (PM)l and McDonald's (MCD) -- suffered losses north of 11%. - (now we know who to invest in)

It was even worse for the Guggenheim S&P 500 equal weight ETF (RSP). The $10 billion fund, which holds some well-known stocks like Chipotle (CMG) and ConAgra (CAG), plummeted nearly 43% at one point on Monday.

Another popular ETF that seeks to capitalize on the booming cybersecurity business plummeted as much as 32%. The ETF, PureFunds ISE Cyber Security ETF (HACK), has a market value of more than $1.2 billion.

Last edited by Carol on Tue Aug 25, 2015 10:12 am; edited 6 times in total

_________________
What is life?
It is the flash of a firefly in the night, the breath of a buffalo in the wintertime. It is the little shadow which runs across the grass and loses itself in the sunset.
With deepest respect ~ Aloha & Mahalo, Carol

orthodoxymoron Tue Aug 25, 2015 9:42 am

orthodoxymoron

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Re: Trading was halted 1,200 times Monday

orthodoxymoron Tue Aug 25, 2015 9:42 am

I continue to contemplate the Psychology and Ethics of Buying and Selling (especially relative to the Stock-Market). Do we really require the Stock-Market?? Is the Stock-Market rigged?? Does the Stock-Market really accomplish anything constructive?? Does the Stock-Market simply rip-off the vast-majority of "Speculators"?? Do "Speculators" deserve to be "Ripped-Off"?? I once heard a professional-trader say that it often seemed as if "the market moves in ways which seem to screw the most people". Should Day-Trading be eliminated (or at least restricted)?? Should Long-Term Investing be rewarded (more than the present tax-advantages)?? What about "Black-Box Trading" where computers do all the thinking and trading?? Black-Box v Black-Box?? Ex Machina Trading?? Robin Hood Trading?? Stealing from the Rich -- and Giving to the Poor?? What about The Wolf of Wall Street?? Sherry Shriner claims that "Satan has an office at Goldman Sachs"!! Is Satan Rich?? Does Satan hobnob with Alan Greenspan and Bill Gates?? Did Satan create Las Vegas?? Is the Stock-Market the World's Biggest Casino?? Is Wall Street more of a "Bull-Market" than we can imagine?? What Would Saint Germain Say?? What Would Ram Say?? What Would Mammon Say?? What if the Golden-Rule of the God of This World is "The Bottom-Line is the Bottom-Line"?? I should stop. Or should I sell??

Last edited by orthodoxymoron on Tue Aug 25, 2015 10:09 am; edited 1 time in total

**Carol** Tue Aug 25, 2015 10:04 am

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Re: Trading was halted 1,200 times Monday

Carol Tue Aug 25, 2015 10:04 am

Subject: Did Greenspan Give the Banksters Enough Rope This Time to Hang Themselves?
From: "Bix Weir" <bix@roadtoroota.com>
Date: Tue, August 25, 2015 7:46 am

It is impossible to analyzed the up coming Global Monetary Implosion without understand just how much behind the scenes manipulation has been going on since the late 1960's & early 1970's. This time period was the beginning of the Computer Controlled monetary system and the reason that the US has been able run a totally unbacked fiat system for over 40 years...a feat attempted many times in the past but never to last.

The key flaw to any unbacked fiat monetary system is human in nature. If you give someone the ability to create their own money they will invariably create so much of it that it ultimately destroys it's own purchasing power.

And the end is never pretty.

In the early 1970's, under the tutelage of Federal Reserve Chairman Arthur Burns, Alan Greenspan and Stephen Devaux set out to do what many deemed to be the impossible - remove the Banking Cabal and return the United States to a true Gold Standard. In order to accomplish this all activities had to be done behind the scenes, in secret, so you won't read about this anywhere in the mainstream press.

Having been heavily involved with computer programming since the 1950's (Greenspan partially blamed himself for the Y2K problem) and with access to the fastest computer systems of the time within the US Government, Alan Greenspan was able to write computer models to rig markets and control the system. He maintained this control, for the most part, all the way up to the late 1980's when he was placed by Ronald Reagan as the Chairman of the Federal Reserve System. Once in office he instructed his computer models to destroy the artificial system he had constructed (thus the COMPUTER GENERATED stock market crash on October 19, 1987 - 2 months after Greenspan was appointed.)

That was the idea at least...of course it didn't go quite to plan but in the Fall of 2015 the crash of the Global Monetary System will be attempted once again so be READY for it..

Listen to Greenspan tell his story.

Greenspan's Golden Secret
http://www.roadtoroota.com/public/101.cfm

Will it work this time? Has Greenspan finally given the Bad Guys enough rope to hang themselves?

We will know soon enough.

May the Road you choose be the Right Road.

Bix Weir
www.RoadtoRoota.com

In Search of Greenspan's Secrets
http://www.roadtoroota.com/public/programs/search.cfm?searchquery=Greenspan&areas=all&department_select=all&sort_by=date

_________________
What is life?
It is the flash of a firefly in the night, the breath of a buffalo in the wintertime. It is the little shadow which runs across the grass and loses itself in the sunset.
With deepest respect ~ Aloha & Mahalo, Carol

**Carol** Tue Aug 25, 2015 10:16 am

Carol

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Re: Trading was halted 1,200 times Monday

Carol Tue Aug 25, 2015 10:16 am

And then there is this: http://www.zerohedge.com/news/2015-08-24/behold-insanity

Trading was halted 1,200 times Monday 20150824_EOD16

Last edited by Carol on Tue Aug 25, 2015 10:30 am; edited 1 time in total

_________________
What is life?
It is the flash of a firefly in the night, the breath of a buffalo in the wintertime. It is the little shadow which runs across the grass and loses itself in the sunset.
With deepest respect ~ Aloha & Mahalo, Carol

orthodoxymoron Tue Aug 25, 2015 10:22 am

orthodoxymoron

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Post n°5

Re: Trading was halted 1,200 times Monday

orthodoxymoron Tue Aug 25, 2015 10:22 am

What if Reincarnation is Reality?? What if Humanity is Really-Bad (going way, way, way back)?? What if Satan is the "Legitimate-Leader" of Humanity (at least for a pre-determined time-period)?? What if this period ends sometime between 2012 and 2133 A.D.?? What if Satan ultimately Screws-Everyone (Good and Bad)?? The "Ancient Egyptian Deity" told me that "No One is Good." I asked the AED "How Good is Too Good??" The AED didn't know -- and I don't know. Listen to Sherry Shriner BUT Read Between the Lines AND Take Everything She Says with a Dead-Sea of Salt. That's All I'm Going to Say. I Could Say MUCH More. http://sherrytalkradio.com/ One More Thing. I keep thinking that the 1963 Comedy It's a Mad, Mad, Mad, Mad World! is a thumbnail-sketch of the Past, Present, and Future of Planet-Earth. "Watch Out For the Bulls!! The Bulls Are Everywhere!!" Think long and hard about what I just said.

Trading was halted 1,200 times Monday It_s_a_Mad_Mad_Mad_Mad_Mad_World

Trading was halted 1,200 times Monday It-s-a-Mad-Mad-Mad-Mad-World-1963-movies-32353018-1280-720

Trading was halted 1,200 times Monday Its-a-mad-mad-mad-mad-world-1963-002-poster

Trading was halted 1,200 times Monday It-s-a-Mad-Mad-Mad-Mad-World-1963-classic-movies-20715012-1280-720

Last edited by orthodoxymoron on Tue Aug 25, 2015 10:50 am; edited 1 time in total

**Carol** Tue Aug 25, 2015 10:36 am

Carol

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Post n°6

Re: Trading was halted 1,200 times Monday

Carol Tue Aug 25, 2015 10:36 am

It's just a game with paper Oxy. Some people choose to play in hopes of winning while others take a haircut. It's not much different then playing Monopoly that we all played as kids. Only there are real assets involved in this type of financial game. Funny thing is - years, and years later people still think that those with the most assets are the winners.

Well.. I suspect it may look that way from one perspective in terms of someone who wants to win and expects winning means having more and more assets.

Ironically, I have a different type of game in mind. Instead of Monopoly it's called Humanitarian. One gets to use their assets to help humanity, clean up the environment, create jobs, improve physical, mental and spiritual health. One has a different type of power.. a means to improve other people's lives and aid the planet in healing itself. Of course this is the type of game where everyone wins. Wouldn't that be novel?

As for Satan... anyone who read the Bible knows he's the loser at the end of the game.

_________________
What is life?
It is the flash of a firefly in the night, the breath of a buffalo in the wintertime. It is the little shadow which runs across the grass and loses itself in the sunset.
With deepest respect ~ Aloha & Mahalo, Carol

**Carol** Tue Aug 25, 2015 11:03 am

Carol

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Post n°7

Re: Trading was halted 1,200 times Monday

Carol Tue Aug 25, 2015 11:03 am

Wall St. has year's sharpest rally one day after historic drop as Dow holds steady
350 points up from Monday's plummet over China slowdown fears

Monday's roller coaster ride saw the Dow drop an unprecedented 1,000 points, recover briefly then drop again just before closing bell.

Stocks posted the sharpest rally of the year Tuesday, as investors sought bargains a day after Wall Street's worst performance in four years
Markets also got a shot of good news with China's second interest rate cut in two months, but analysts stopped short of declaring the worst was over

Read more: http://www.dailymail.co.uk/news/article-3210220/US-STOCKS-Wall-St-poised-rebound-global-market-rout.html#ixzz3jqLPLvwE

_________________
What is life?
It is the flash of a firefly in the night, the breath of a buffalo in the wintertime. It is the little shadow which runs across the grass and loses itself in the sunset.
With deepest respect ~ Aloha & Mahalo, Carol

orthodoxymoron Tue Aug 25, 2015 11:15 am

orthodoxymoron

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Re: Trading was halted 1,200 times Monday

orthodoxymoron Tue Aug 25, 2015 11:15 am

Thank-you Carol. The Bible is the Place to Begin and End -- but there is a HUGE Amount of Context and Deception to Deal-With. Consider also that if Satan runs Earth -- Everything is Corrupted and Suspect (including the Bible and Religion). I continue to think this Solar System is More Screwed Than We Can Imagine. I'm simply attempting to help things work-out as optimal as possible for all-concerned -- but things might be more pre-determined than even I can imagine. I am honestly out of the loop -- despite all of my pseudo-research, strange-encounters, and thrashing-around (as a completely-ignorant fool). As I Attempt to Say Less and Less -- I Will Be Spending a Lot of Time with Eschatological Science-Fiction -- as My Private Hell. I do NOT wish to shout "FIRE!!" in a crowded forum!! BTW -- Carol, you once said something to the effect that "we (or I) should've left everything in the Lord's hands". What did you really mean by that?? I've recently attempted to model divinity because of frustration with religion as we know it. Does this constitute NOT leaving everything in the Lord's hands?? My concern is that we are dealing with the God of This World rather than the God of This Universe. Should we really leave things in the hands of the God of This World?? What if Satan has been the God of This World ever since the Garden of Eden?? Will the Coming Antichrist be worse than Satan?? Or will the Antichrist simply be One More Face of Satan?? What if Satan will make the "Good-Guy" appear to be the "Bad-Guy"?? What if Satan will impersonate the "Good-Guy"??

Trading was halted 1,200 times Monday Madworld

Last edited by orthodoxymoron on Tue Aug 25, 2015 2:21 pm; edited 1 time in total

**Carol** Tue Aug 25, 2015 12:31 pm

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Post n°9

Re: Trading was halted 1,200 times Monday

Carol Tue Aug 25, 2015 12:31 pm

NYSE Invokes Rule 48 For Second Day In A Row Ahead Of Market Open
Tyler Durden's pictureSubmitted by Tyler Durden on 08/25/2015 09:15 -0400
Trading was halted 1,200 times Monday Liquidity_0

Trading was halted 1,200 times Monday Liquidity_0

Futures market Market Conditions Meltdown NASDAQ Nasdaq 100 Rule 48 Securities and Exchange Commission Volatility

Precisely 24 hours ago, in an attempt to pre-empt the panic-selling open, the NYSE invoked the little used Rule 48, which was to be expected: the Nasdaq 100 has just tumbled limit down and the S&P and DJIA would follow shortly. Today, however, it is unclear just why the NYSE decided to once again invoke Rule 48 as futures are set to open about 3-4% higher, and yet that is precisely what the NYSE did. As a reminder, what this means is that mandatory opening indications are not required, which in theory should make it easier to open stocks.

As further reminder, yesterday in conjunction with the liquidity meltdown, this led to mangled ETFs left and right. Let's hope today is different, even though as we showed earlier, ES liquidity today is even worse than yesterday.

The complete reminder of what Rule 48 is:

Rule 48. Exemptive Relief — Extreme Market Volatility Condition

(a) In the event that extremely high market volatility is likely to have a Floor-wide impact on the ability of DMMs to arrange for the fair and orderly opening, reopening following a market-wide halt of trading at the Exchange, or closing of trading at the Exchange and that absent relief, the operation of the Exchange is likely to be impaired, a qualified Exchange officer may declare an extreme market volatility condition with respect to trading on or through the facilities of the Exchange.

(b) In the event that an extreme market volatility condition is declared with respect to trading on or through the facilities of the Exchange, a qualified Exchange officer shall be empowered to temporarily suspend at the opening of trading or reopening of trading following a market-wide trading halt: (i) the need for prior Floor Official or prior NYSE Floor operations approval to open or reopen a security at the Exchange (Rules 123D(1) and 79A.30); and/or (ii) applicable requirements to make pre-opening indications in a security (Rules 15 and 123D(1)).

(c) A suspension under section (b) of this Rule is subject to the following provisions:

(1) (A) Before declaring an extreme market volatility condition, the qualified Exchange officer shall consider the facts and circumstances that are likely to have Floor-wide impact for a particular trading session, including volatility in the previous day's trading session, trading in foreign markets before the open, substantial activity in the futures market before the open, the volume of pre-opening indications of interest, evidence of pre-opening significant order imbalances across the market, government announcements, news and corporate events, and such other market conditions that could impact Floor-wide trading conditions.

(B) Such review shall be undertaken in consultation with relevant officers of NYSE Market and NYSE Regulation, as appropriate. Following the review, the qualified Exchange officer or his or her designee shall document the basis for declaring an extreme market volatility condition.

(2) The qualified Exchange officer will, as promptly as practicable in the circumstances, inform the Securities and Exchange Commission staff that an extreme market volatility condition has been declared, the basis for such declaration, and what relief has been granted.

(3) An extreme market volatility condition may only be declared before the scheduled opening or reopening following a market-wide halt of securities at the Exchange.

(4) A declaration of an extreme market volatility condition shall be in effect only for the particular opening or reopening for the trading session on the particular day that the extreme market volatility condition is determined to exist. The Exchange may declare a separate extreme market volatility condition on subsequent days subject to sections (b)(1) through (b)(3) above.

(5) A declaration of extreme market volatility shall not relieve DMMs from the obligation to make pre-opening indications in situations where the opening of a security is delayed for reasons unrelated to the extreme market volatility condition.

(d) For purposes of this Rule, a "qualified Exchange officer" means the Chief Executive Officer of ICE, or his or her designee, or the Chief Executive Officer of NYSE Regulation, Inc., or his or her designee.

_________________
What is life?
It is the flash of a firefly in the night, the breath of a buffalo in the wintertime. It is the little shadow which runs across the grass and loses itself in the sunset.
With deepest respect ~ Aloha & Mahalo, Carol

**Carol** Tue Aug 25, 2015 12:40 pm

Carol

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Post n°10

Re: Trading was halted 1,200 times Monday

Carol Tue Aug 25, 2015 12:40 pm

orthodoxymoron wrote: What if Satan has been the God of This World ever since the Garden of Eden?? Will the Coming Antichrist be worse than Satan?? Or will the Antichrist simply be One More Face of Satan?? What if Satan will make the "Good-Guy" appear to be the "Bad-Guy"?? What if Satan will impersonate the "Good-Guy"??

I was under the impression that Earth was Satan's domain and while let loose here he will attempt to entrap as many souls as possible. However, within each human being our very own DNA is wrapped around light (that force with is god's essence), so the truth of the matter is - we have options, choices that are presented to us on a regular basis. But in the end who we choose to follow, ask forgiveness from and experience gratitude from is the direction our soul will follow. Do we choose to go with the Divine light that gives our very body it's life and will lead us into the higher spiritual realms or do we allow ourselves to fall from grace and become lost in Never, Never Land?

It always boils down to free will and choice Oxy.

Believe it or not, this style of life appeals to me: http://www.dailymail.co.uk/news/article-3209634/Bethany-Butze-leaves-Harvard-live-near-Manitoulin-Island-Canada.html

Simplify make life easier to live - it's the letting go that is so difficult.

I know that when we follow the light within.. by following our own inner spirit and do what's right - irregardless of how difficult it is at the time, that we place ourself in the Lord's hands and are protected from evil in unseen ways.

_________________
What is life?
It is the flash of a firefly in the night, the breath of a buffalo in the wintertime. It is the little shadow which runs across the grass and loses itself in the sunset.
With deepest respect ~ Aloha & Mahalo, Carol

orthodoxymoron Tue Aug 25, 2015 2:47 pm

orthodoxymoron

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Re: Trading was halted 1,200 times Monday

orthodoxymoron Tue Aug 25, 2015 2:47 pm

I often wish I had pushed harder to become a medical-doctor -- rather than getting sidetracked by the "important things". Acute-Care Medicine is a Big Rich Business with lots of Fame, Fortune, Power, Pleasure, Egos, Blood, and Guts. Wall Street (or the City of London) is a Big Rich Business with lots of Fame, Fortune, Power, Pleasure, Egos (and probably even some Blood and Guts if one crosses the Fat-Cats). I've been thinking long and hard regarding the Medical, Military, Money Complex in dynamic-equilibrium with the Prevention, Peace, Philanthropy Complex. I wonder how many people have idealistically chucked the Fame, Fortune, Power, and Pleasure Complex -- and simply ended-up being Down and Out -- Despised and Rejected?? The other day a Yellow Ferrari drove past me -- and I was a bit envious and angry. I've joked about being a Token Righteous-Insider -- Driving a Porsche Turbo -- and Living in a 600 Square-Foot Office-Apartment beneath the City of London!! It's sort of fun to think about -- but how badly would one have to sell-out to do even that sort of thing??!! I'd sort of like to be a non-violent Jack Ryan in my next incarnation (if I even have one). Shadow Recruit is sort of related to this thread. I've honestly made myself miserable with my relentless pursuit of the truth. I seem to be down and out for the count -- with zero prospects. I hate my life. Now I'm going to make the coffee.

Trading was halted 1,200 times Monday Ferrari_599_GTB_Fiorano_HGTE_001

"How Many People Would One Have to Screw to Get One of These??!!"

tMoA

Trading was halted 1,200 times Monday

Trading was halted 1,200 times Monday

Re: Trading was halted 1,200 times Monday

Re: Trading was halted 1,200 times Monday

Re: Trading was halted 1,200 times Monday

Re: Trading was halted 1,200 times Monday

Re: Trading was halted 1,200 times Monday

Re: Trading was halted 1,200 times Monday

Re: Trading was halted 1,200 times Monday

Re: Trading was halted 1,200 times Monday

Re: Trading was halted 1,200 times Monday

Re: Trading was halted 1,200 times Monday

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