Monday, August 08, 2016 3:42:47 PM
by Tyler Durden
Aug 8, 2016 1:52 PM
Seriously!!
This "VENEZUELA SEEKS OPEC, NON-OPEC PRODUCERS MTING: DEL PINO" - cause this...
And the headline enabled algos to run the stops...
The squeeze appears to be running out of steam in ETF land...
The problem is - it's not working for stocks...
http://www.zerohedge.com/news/2016-08-08/oil-spikes-again-another-idiotic-opec-headline-venezuela?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29
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