Page 24 - Computer Trading News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Performance since a year. i want to talk quickly about what the nasdaq says about why the violent move in five or six minutes at 2:45, they say there were no compute issues on their ends. but they are voluntarily canceling trades between 2:40 and 3:00 p.m. if you think you really made a fortune, you probably didn't. they will be going through with a fine tooth comb to find where on the trade bladder something went wrong and what trades will not be counted. >> all right. as you talk about the computer trading, everybody has these automatic sell orders, right? >> sure. >> i know that we talked a...

No one has any way of knowing exactly what happened. there are numerous investigations as to why the market was down 500 points then down 998 points. the market was in a weak position then suddenly the computers took over, 2/3 of stock market trading is done by computers. and you had the stock markets literally plunging. then it came back fast and furious. people scratching their heads and trying to figure out why procter & gamble was down and why a company like accenture went down to pennies a share. something was clearly wrong. we don't know exactly what that is. everyone agrees the computer...

Not really on the on a on a big level all down at the level of about zero point five per cent here in frankfurt we also have to remember that we were already quite suffering yesterday when wall street was dropping also yesterday we had the worst performance here since one and a half year and it seems that investors are thinking here a little board more realistic again they know that we are not going to see recession happening that maybe the inflation rate in the united states might go up a little bit and also we might see more interest rate hikes happening this year but all of this is still on...

Other assets like bonds. so that's what's going on here. look, it is anybody's guess as to what happens from here. we could see another drop. i spoke to some investors today who said stocks are still relatively overvalued to their historic averages, especially when you look at the price relative to how much the earnings they're throwing off. so there are a lot of factors to monitor here. certainly a bumpy ride, but for most viewers at home, they shouldn't probably -- this is something that christine romans talked about all morning, most investors probably shouldn't be paying attention to each ...

Huge volumes on the exchange today you ride this out and you do nothing or you'll get burned. >> i know a lot of it was computer trading. this thing that happens the last two hours of the session, that's the most important. >> it is. on friday we were muddling along, down, and then picked up that last 45 minutes of trading on friday sent us right over the top and we were down 55. then today you could see that again. disney stock hit a low and then jumped up. apple hate 2-week low and then jumped up. now the people who made quick profits, hedge funds, they're getting their profits now and you'l...