SP 500 And NDX Futures Daily Charts - Looting Will Continue, Period

I imagine you did not hear too much today about the much larger than expected number of new unemployment claims.

Today the Street was celebrating the IPOs of Party City (PRTY) and the highly ironically named 'Virtu' (VIRT).

Virtu is an HFT trading firm that experiences a losing day about every five years or so. Anyone who can look at that record and still say they believe in 'a level playing field' and 'free and honest markets' is either willfully ignorant of markets, or a moral black hole.

Have a pleasant evening.

 

 

 

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