Wednesday, May 1, 2024 Checked 5:50 PM; Last Updated 11:35 AM CDT; 16:35 GMT
Talking Heads Discussion
May 17, 2010 Headline: "Trader's Harrowing Tape of Market Plunge Reveals Big Name Sellers: SEC Admits to Inadequate Tools to Conduct Investigation"" [""Apple Computer, GE and Procter and Gamble all fall within the top 10 component stocks of the S&P 500 and each of these stocks appears to have been targeted for excessive selling by some entity or algorithmic program on May 6. Sharp price declines in these pivotal stocks in the cash stock market quickly transmuted into selling in the futures market, creating a frenzy in the highly leveraged Chicago futures pits. ... ""] CounterPunch