Can you even trade the news anymore?
Analysts now fear increasing HYPER-VOLATILITY in all markets
As we hear the markets were up for this reason or that reason on an ever increasing basis with daily news calendars being able to be read by HFT ALGORITHMS we now wonder if there even is an economy anymore. If you remember Dr. Paul Craig Roberts who is a former Reagan Administration Treasury Official said we don't have an economy anymore but have rather been transformed into a very complicated and electronically controlled environment perhaps as Obama refers to as "The News Economy." I think if you pay attention to these leaders and their various CODE WORDS you can kind of get a feel for what is really going on here to wit that this system is none other than a very large scale quasi-casino.
The big news for Thursday, January 22, 2015 is The European Central Bank or ECB as Mario Draghi makes his press conference and related announcements. The world markets which read the news via HFT ALGORITHMS and other COMPLICATED AUTO-TRADER STYLE COMPUTER SOFTWARE is what makes the decisions which is why you see such erratic and volatile price action on the charts.
Perhaps we now have a system which is indeed TOO BIG TO FAIL and is highly controlled by HFT ALGORITHMS along with COMPLICATED SOFTWARE CIRCUIT BREAKERS and various other TRADING SYSTEMS that run the action of all the exchanges. Good luck and place your bets:
...developing...
