(Live Clip) the $6 Billion Reason the Market Dumped At 3:50

Oh my God, you guys. That close.

If you were watching, it looked like the market just rolled over for no reason yesterday.

It had a reason…

It had $6 billion of them, and we haven't seen a number like that in forever. Moves near the open and the close feel random to most people. They aren't.

There's a tell, and Mark saw it a few minutes before it hit the tape.

Then it hit, and those puts went from 10 points out of the money to at the money so fast I couldn't get my first order in before people in the room were calling out fills.

 

 

And the ones who held to the bell? A nickel settled at 80 cents. That's 1,500% in the last 10 minutes of the day.

That was sick. I'm still not over it.

I clipped the whole thing so you can watch it here: what he saw, what he said, what the $6 billion was, and the exact second it hit.

Nasty close for the market. Not for us. Winner, winner, lobster dinner.

Rock On,

Voz

P.S. That was The Close, the room I'm in every day at 3. Your first 30 days are on me. Join me on the first day of Stocktober!

 

Discover more from Trade To Close

Subscribe now to keep reading and get access to the full archive.

Continue reading