CNN: Stock Trading was HALTED 1,200 TIMES TODAY! Five-Minute …

CNN: Stock Trading was HALTED 1,200 TIMES TODAY! Five-Minute …

CNN: Stock Trading was HALTED 1,200 TIMES TODAY! Five-Minute HALTS due to massive SELL orders!







In a utterly stunning admission, CNN is reporting that stock trading was actually halted 1,200 times today!

They took a look at the emergency, 5-minute HALTS that exist and found that those were triggered 1,200 times today alone. . . . and that many of the orders to sell did NOT go through, expecting worse day tomorrow!

The selling on Wall Street was so dramatic Monday that it triggered unprecedented emergency freezes on stocks.

Stocks and exchange-traded funds were automatically halted more than 1,200 times, according to Nasdaq.

The high level of trading pauses highlights just how extreme the selloff was in a short span of time. Fears about China’s economic slowdown caused the Dow to plummet over 1,000 points when the market opened. The Dow ended down 588 points, its worst decline since August 2011.

Installed after the May 2010 flash crash, the so-called circuit breakers are designed to slow down dramatic selling or buying. They are typically triggered when stocks dive or spike by a certain amount in a matter of minutes. Think of it as a time out. Trading is halted for five minutes, giving investors a chance to calm down and allowing cooler heads to step into the market.

http://money.cnn.com/2015/08/24/investing/stocks-markets-selloff-circuit-breakers-1200-times/index.html







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CNN: Stock Trading was HALTED 1,200 TIMES TODAY! Five-Minute …

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