Nasdaq halts all trading

The Nasdaq OMX exchange halted trading across all securities in the early afternoon Thursday due to a technical issue "until further notice." The Nasdaq is home to thousands of stocks, particularly technology giants, like Apple (AAPL, Fortune 500), Google (GOOG, Fortune 500) and Microsoft (MSFT, Fortune 500). Trading in Nasdaq-listed options were also halted. SEC spokesman John Nester said the agency is "monitoring the situation" and that it is "in close contact with the exchanges." The Nasdaq said it intends to reopen trading but had not yet determined the start time. Nasdaq said it would not be canceling open orders, but said customers who wish to cancel their orders can do so, and customers who wish to not participate in the re-opening of trading should cancel their orders before trading resumes. Trading was halted due to issues with "quote dissemination," the exchange said in alerts sent out to traders. The New York Stock Exchange said it halted all Nasdaq securities at the request of the Nasdaq.

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What kind of "glitch" can this be?

What can we expect out of this?

Im no expert but with things hot and crazy and the timing, what does ats think?

Just a thought...what if they used this to say it was somehow "hacked" or "compromised". Im just thinking of possibilities but dont want to go too far with it


Another edit, I have to leave and get my child but I look forward to coming back and seeing what everyones thoughts are....

Well then... this comes at an interesting time.

reply to post by darkbake


Yes, and thats what worries me! I hope its really something minimal but the evil is always working behind closed doors...

reply to post by WeBrooklyn


Very Scary! Hope this is not just the start of something much Bigger!

I'm following this on Zerohedge, I was wondering a member posted " and guess what day it is; the 22nd"

Does anyone know what his referring to? Hindenberg omen perhaps?
thought this was interesting comment aswel

Cluster # of Hindenburg omens, market halts, 10 year spiking, closed door presidential economic meetings, bullish

US preparing to invade Syria? Petrodollar glitch? Stuxnet financial edition?

Would this have anything to do with Soros 1.25B???? Pretty coincidental in my book. This will have far reaching effects, veeerrrry far reaching.

ps This is NOT a technical difficulty. I am hearing on the news of the proposed time to begin trading again. Something is going on!

Now there's people saying Apple ITunes is having issues. I don't have an account w them so idk. I bet this is all hack related somehow..seems like they've been trying pretty hard to knock down the market. Guess we shall see..

reply to post by darkbake


Why? Is something else going on that is related? I really am not being a smart butt, I just don't know much about this!

I can see the "hacked" angle, for tightening control of the internet though.

reply to post by Senduko


Definition of 'Hindenburg Omen'
A technical indicator named after the famous crash of the German airship of the late 1930s. The Hindenburg omen was developed to predict the potential for a financial market crash. It is created by monitoring the number of securities that form new 52-week highs relative to the number of securities that form new 52-week lows - the number of securities must be abnormally large. This criteria is deemed to be met when both numbers are greater than 2.2% of the total number of issues that trade on the NYSE (for that specific day)
.
Investopedia Says
Investopedia explains 'Hindenburg Omen'
Traders use an abnormally high number of 52-week highs/lows because it suggests that market participants are starting to become unsure of the market's future direction and therefore could be due for a major correction. Proponents of this indicator argue that it has been very accurate in predicting sharp sell-offs in the past and that there are few indicators that can predict a market crash as accurately.

reply to post by spannera


Well there have been 5 or 7 this year alone. Makes one wonder.

This is the beginning of what is to come..

Our illustrious financial overlord manipulators of the "economy" claim that trading will resume at 3:25EST.

Will the Nasdaq open negative? We shall see shortly.

I did a little Google search on this.

I would have expected to see a lot more news about this. Most of the hits were on financial blogs, but not the big name ones.
I think that's weird.

reply to post by butcherguy


I have been flipping the channels too and nothing, very strange.

Originally posted by butcherguy
I did a little Google search on this.

I would have expected to see a lot more news about this. Most of the hits were on financial blogs, but not the big name ones.
I think that's weird.

It is weird, bro. It is weird.

Probably just an intern that mistakenly un-plugged the stock market. No biggie. AmIright? Everything's fine. Technical glitch. Nothing to see here.

Now what did they get caught doing wrong. When they figure out a suitable excuse, trading will resume.

Max Keiser is a good source for how it all works, He did recently mention the Hindenburg Omen. Might be this episode. Either way worth a watch

www.youtube.com...=18

"Column of smoke by day...
... pillar of fire by night"

I strongly suspect that theirs will be an inbound "adjustment."

...and then there is the grumbling in the so-called "global" gold markets.... which is the illusion underpinning the casino games of the financial cartel.

reply to post by WeBrooklyn


I am posting so I can find this later!

reply to post by WeBrooklyn


I am posting so I can find this later!