{"id":24739,"date":"2013-08-22T09:03:29","date_gmt":"2013-08-22T13:03:29","guid":{"rendered":"http:\/\/www.thedisciplinedinvestor.com\/blog\/?p=24739"},"modified":"2016-09-20T20:02:00","modified_gmt":"2016-09-21T00:02:00","slug":"hurray-the-disfunctional-market-gets-bad-news-to-catch-a-bid","status":"publish","type":"post","link":"https:\/\/thedisciplinedinvestor.com\/blog\/2013\/08\/22\/hurray-the-disfunctional-market-gets-bad-news-to-catch-a-bid\/","title":{"rendered":"Hurray! The Disfunctional Market Gets Bad News to Catch a Bid"},"content":{"rendered":"<p>It is abundantly clear that there is a yearning for more stimulus. The news that the initial claims number came in slightly higher than expected helped to move futures up nicely. After a few days of brutal selling, it looks like the algos and HFT are back trying the long side &#8211; at least in the pre-market session.<\/p>\n<p style=\"text-align: left;\">Gold got a nice push on the news as well. Unfortunately, what is often the cases is a reversal of the initial move as traders will look to push against the move. Watch the opening minutes for clues&#8230;.<\/p>\n<p style=\"text-align: center;\"><!--more--><a class=\"twitter-follow-button\" href=\"https:\/\/twitter.com\/andrewhorowitz\" data-show-count=\"false\">Follow @andrewhorowitz<\/a><script type=\"text\/javascript\" src=\"\/\/platform.twitter.com\/widgets.js\"><\/script><\/p>\n<p>If this is anything but a highly dysfunctional market that is all about the FED, please feel free to let me know. One day, maybe we can go back to go old fundamentals as a base for decision making.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2013\/08\/initial-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-24740 aligncenter\" alt=\"initial\" src=\"https:\/\/thedisciplinedinvestor.com\/blog\/wp-content\/uploads\/2013\/08\/initial-1.jpg\" width=\"555\" height=\"334\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It is abundantly clear that there is a yearning for more stimulus. The news that the initial claims number came in slightly higher than expected helped to move futures up nicely. After a few days of brutal selling, it looks like the algos and HFT are back trying the long side &#8211; at least in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[5,12],"tags":[481],"class_list":["post-24739","post","type-post","status-publish","format-standard","hentry","category-economy","category-markets","tag-economy","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"acf":[],"_links":{"self":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/24739","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/comments?post=24739"}],"version-history":[{"count":0,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/posts\/24739\/revisions"}],"wp:attachment":[{"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/media?parent=24739"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/categories?post=24739"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedisciplinedinvestor.com\/blog\/wp-json\/wp\/v2\/tags?post=24739"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}