Last friday, before the close, some trade got printed that made the close on Qs look like it was a lot lower than the actual close...
Same thing today..
Its annoying because when you look at % gain from previous day, its completely skewed to this artificial closing value.
whats with the tape painting on Qs?
Started by
dcengr
, Jul 28 2009 08:12 PM
7 replies to this topic
#1
dcengr
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Posted 28 July 2009 - 08:12 PM
Qui custodiet ipsos custodes?
#2
Xenophon
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Posted 28 July 2009 - 08:25 PM
same thing hapened with SPY last Friday and today. I noticed the Q's as well both days.
#3
dcengr
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Posted 28 July 2009 - 08:28 PM
On the same note..
Why is it that there's a sell-off in the morning, a rally in the afternoon?
Pretty much as soon as europe closes, its rally time?
Rally in the middle of the night on Asia, dump in the morning from europe.. rally back in afternoon from US..
Qui custodiet ipsos custodes?
#4
snorkels4
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bad guy
Posted 28 July 2009 - 09:43 PM
Andy House, Texas Man, Accidentally Drives 2006 Bugatti Veyron Into Salt Marsh
http://www.zimbio.co...Veyron Crashing
http://www.zimbio.co...Veyron Crashing
#5
colours
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Posted 28 July 2009 - 09:56 PM
Did you also notice that the Q's were DOWN ( -.27 ) on the day while the $NDX finished Up for the day ( +6.16 ) ?
Very strange price action . How often does that happen ?
#6
dcengr
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Posted 28 July 2009 - 10:09 PM
Did you also notice that the Q's were DOWN ( -.27 ) on the day while the $NDX finished Up for the day ( +6.16 ) ?
Very strange price action . How often does that happen ?
Its not that unusual for them to diverge, because the cash index closes at some point but SPY and Qs print at some later time that may be affected by news..
Whats unusual is when nothing moves in AHs, except for right before the SPY and Qs print, some trade gets registered way below the actual trading value in AHs, that causes the final print for the day to register at this lower value.
I've seen this done before.. its unusual to see this happen so close to each other.. as far as I can tell.
Qui custodiet ipsos custodes?
#7
VolPivots
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Posted 28 July 2009 - 11:01 PM
Some sort of desk handoff from what I can tell. Following the futures markets, amazing how prices are frequently near the same levels as the prior day when soooo much seemed to happen intraday in the US markets....On the same note..
Why is it that there's a sell-off in the morning, a rally in the afternoon?
Pretty much as soon as europe closes, its rally time?
Rally in the middle of the night on Asia, dump in the morning from europe.. rally back in afternoon from US..
just for grins, let's see what they look like in 24 hrs vs. the screenshot below....
Attached Thumbnails
#8
relax
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Posted 29 July 2009 - 02:50 AM
what is going on with futures
gap down the last four days
are they trying to get shorts to load on, in order for there to be fuel for another move up
i have no bias - compq could go for that 1979 or we just sell off
