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Thursday, March 28, 2024

Berserk Rampathon Algo Just Bought The S&P At 2,130

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

4 seconds before the close, one super-bullish algorithm exuberantly bought a massive $200 million worth of the S&P 500 ETF up to a 2,130 level on the index in one second… and no – it was not a fat finger!! It was 1,147 trades! Now who do we know that is an ‘expert’ in ETF trading?

With 4 seconds to go in today’s “market” day-session, this happened…

Source: NanexLLC

There’s only one man “expert” enouigh to handle a job like that… From his profile (link):

But have no fear… those trades will be DK’d asap…

  • *NASDAQ ISSUES E-MAILED STATEMENT ON ‘SPY’ TRADES
  • *POTENTIALLY ERRONEOUS `SPY’ TRANSACTIONS BEING PROBED
  • *TRANSACTIONS WERE EXECUTED BETWEEN 15:59:00-16:00:00 ET
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