Saw all kind of fishy crap earlier in the smaller bank plays earlier. Smaller banks crashed and in most cases roared back. Right after, and seemed almost signaled after a few went through a circuit breaker hold.
Suspicious as hell, if you ask me.
Definitely suspicious as hell. Trading now nearly every day, I'm convinced the FedGov is heavily manipulating the market. Ease of movement has always been to the downside - it's easier to destroy than build.
Not anymore. Anytime the market goes down too much, it pops right back up, or goes sideways from sudden buying that comes into the market. The market will sell into it, sometimes for hours, before it gives up and goes the other way. It's a consistent pattern that shouldn't be there, and you're not seeing that to near the extent on the upside.
And it's not being pushed up in a buying reaction as a defined trend, even like a dead cat bounce, but something more meandering and sideways. As if they just want to keep it propped up but directionless - which we have been for a year now.
Plus there's the put/call ratio. Usually for the same strike distance puts have double the value of calls. They do now because of the uncertainty, but before that not so much. It's as if they know the downside is being propped up.
