Presented with little comment aside to ask, where is the SEC, CFTC?
On a day of non-stop, low volume, weakness, the ‘fundamental’ event of the NYMEX close created a somewhat idiotic spike in WTI Crude…
No news, no cross-asset-class momo, no headlines – just pure and utter algo idiocy banging the close.
via http://ift.tt/28Z1hkt Tyler Durden