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Friday, March 29, 2024

Another Stick Save By Liberty 33 As Massive Volume Surge Post Fitch Downgrade Threatens Market Wipe Out

Courtesy of Tyler Durden

Observe the exponential volume spike at 10:30 when news of the Fitch downgrade hit. And, as always happens, there was smoke coming out of the windows of Liberty 33 following the much necessary stick save. And after that, as volume plunged, the algos took over. Because as everyone knows, If Volume Crap Then Buy, Buy, Buy. At this point if you are in this market, you are on your own and soon to go broke.

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