Wednesday, April 27, 2016

The Doors Are Closed On The Hotel Californication

It's all fun and games until someone loses an everything...

Casino volumes continue to implode. The lack of liquidity is only overlooked because stocks are at all time highs. Zero liquidity won't be as much fun on the way down...

As the Chinese learned the hard way, banning selling only works on the way up. As we see below, the only way Skynet can keep this shit show levitated is by banning selling via minimal volumes.

S&P ETF (SPY) 30 day average volume: