Market used to be for 100 years good voting machine….now 70% volume program traders many of which use HFT, now majority are NOT voters…most volume does not even know what it is buying, or anything about the co, except it falls into the realm of its algorithm.
Which IMHO….between false demand from computers…..FED prop job thru QE’s and POMO’s…..majority of economic gains from stimulus…..that leaves the US ripe for a calamity and it will come out of the night….and the voting machine, now rigged with hanging chads everywhere…..will be very quiet.
Duratek
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The Vix closed outside the BB band ...maybe a reversal is in the making?
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