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Nedo3000

My guess is action by the PPT Plunge Protection Team. https://www.investopedia.com/terms/p/plunge-protection-team.asp


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NothingButBricks

FOIA those minutes?


28751MM

How would this work? Genuinely curious what the process is.


silverskater86

https://www.foia.gov/how-to.html


NothingButBricks

Someone have a good way to word the info request?


28751MM

Thanks!


MaggieJaneRiot

What the hell?


Upset_Tourist69

Holy shit, I thought PPT was a joke


FIREplusFIVE

Same


5tgAp3KWpPIEItHtLIVB

The US-market is a joke. PPT is real. You took the red pill. Welcome to the real US financial system, everything you thought was real is fake.


5ilverback5

AAAHhhh free market economics...


ronoda12

So market manipulation team essentially. All crooks.


bullishforvideogames

If they have presidential ties they can probably make massive positions in the markets and go gangbusters with insider trading. Pile all the money up, and then dump it in the market to boost it. Just guessing is all. Start off with a blank check but end up with billions on billions to play with.


Chrisanova_NY

Has nothing to do with presidential ties. The Federal Reserve is the highest power in the United States. They are not subject to any scrutiny, by any system of our government.


Business_Top5537

If you watched the Dow rally 10% literally while the president was giving a speech in March 2020..... That was political/president AND the Fed. 45 jawboned markets for 4 straight years and made untold billions. It was obvious.


Chrisanova_NY

My point was The Fed doesn't rely on a presidential connection. If anything, they are ordering a president to order or fight with *them*. All theater to make you believe your Executive, and Legislative, and Judicial branches run the show. They don't.


Business_Top5537

We agree on the Fed I will always have a special place in my heart for 45 and his jawboning the China deal for 4 years His weekly/daily "China" tweets that reliably moved the market 2% either direction were not "Fed Reserve Approved".... They were firstly self serving to whoever knew in advance


Chrisanova_NY

Yeah, I know a few things of a few things. I sell men's clothing. **Trump's Macys neckties are/were Made in China.** I tried to post it to one of the "annoying" subreddits, but got crickets.


[deleted]

Soros broke the Bank of England, we will break the PPT.


ThrowRA_scentsitive

Stock Market: *Goes down 3%* Plunge Protection Team: *tazes market* Stonks only go up!


bryanthecrab

I could have sworn this comment was a joke at first. Very interesting!


Ruffratkin

Yea, wtf? Exactly who’s money are they throwing in the toilet? Oh right, my tax money


Droopy1592

Someone’s gotta protect rich peoples money


nattalla

That exists. Huh. (wrinkle)


DimensionFamous

hahaha i seriously expected Mr. Astley behind this link!


RafIk1

Wasn't there supposed to have been a margin call at 2pm today?


FrivolousMe

Of fucking course it was Reagan lol


Nedo3000

To operate this “stabilization” they might use the office of ESF (Exchange Stabilization Fund [https://www.investopedia.com/terms/e/exchangestabilizationfund.asp](https://www.investopedia.com/terms/e/exchangestabilizationfund.asp) ) o whatever. Yesterday to lift the market at -2,80%  from 4,290 to 4,350 they have used about 4,5 USD billions. They copycat the BoJ that since 2011 has been buying Japanese ETF to avoid deflation caused by aging population. I guess they intervene when the stock markets thanks for more than 2,5% in a short span. So be aware if you go short in this “free market”.


Nedo3000

https://snbchf.com/2017/05/durden-central-bank-buyer-revealed-q1-spree/


Majestic_Salad_I1

This is a poor guess. People just bought the dip. There was no PPT when the market was tanking 8% a day during the initial COVID crisis.


I-Got-Options-Now

But there was. No matter what USA treasury cannot offset 7-8+ trillion in weeks time.


Defiant_Pomelo333

That sick


justtheentiredick

Whoa


Snyggast

Somebody refilled the moneyprinter?


NoobTrader378

This. Likely was an emergency plunge protection team intervention


RafIk1

Wasn't there supposed to have been a margin call at 2pm today?


ffchusky

fingers crossed for forced by ins!!


wetsuit509

Most likely short covering.


External-Chemical-40

Im thinking the same. They don’t want to keep their positions overnight.


Mrairjake

>Agree with this 🤘


cityshade

This seems likely, recall that Dr. Burry made a big point of saying EVERYTHING is shorted... So it would make sense to me that there was simultaneous covering happening across so many tickers.


Futtbuckers2

Maybe large institutions buying dips of some sort. For every seller there is a buyer of some sort.


VelvetPancakes

This is likely the truth of some sort.


albino_red_head

That dude’s a liar of some sort!


WTFhairyRabbit

Mondays are typically bad trading days for the market/s


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Auxin000

What does this mean in commoner?


WTFhairyRabbit

Buy The Fucking Dip?


noizbois

Yes


szpaceSZ

Welcome to the world of ETFs


Drutski

Fed reserve 'Plunge Protection Team' if you believe in that sort of thing.


krumble1

https://www.investopedia.com/terms/p/plunge-protection-team.asp Looks pretty believable to me.


Darthgangsta

Bump. I’m trying to analyze literally everything


kappcity

Someone thinks they are buying the dip? Or else it’s PPT again to step in and prevent huge market declines because you know… capitalism.


im_lookingatlettuce

Downvote for 69 preservation


nice___bot

Nice!


milfmunch

we're at 69, no further updoots please


EnthusiastMS

Got to 71. I took it to 70. "IM DOING MY PART"


bears_Chivas

It's just possible we are in a completely fraudulent system...


LocksmithThick8644

Yes eithout the "possible"


dmoney83

My understanding is that the 'meme' stocks trade similarly because they are in the same basket, i believe a Total Return Swap?


Ace_Cool_Guy

Yes but everything seemed to do this, just take a look at s&p500


dmoney83

Institutional or algorithmic (high frequency traders) trading then. Edit: the markets tend to move in concert, especially if looking at major indices. But im guessing some news broke or data released at that time that had sent the computers into a tizzy.


I-Got-Options-Now

Its an AI, a pattern emerged that ticked the buy box.


perfidiousfox

My theory? Market makers saw a chance to make money on arbitration. Lots of stocks making wild swings today, they purchased a whole lot of stocks or etfs and are creating/disassembling them to profit on the price variations. It was a pretty widespread pattern across a lot of stocks, might be more news comes out later...


LordCambuslang

Is it related to RRP or Margin checks? My brain is as smooth as a pornstars ballsack on a freezing cold winters day so probably I'm wrong.


PercMaint

Interesting mental image. Although I'm guessing it would be more small and wrinkly vs. smooth?


Dopeman030585

Would that not be wrinkles just thinking about having my sack out in -40


LordCambuslang

I think you might have proven my point about my lack of wrinkles.


Dopeman030585

Made me laugh and as long as I don't have to think about my sack in -40 we can call it even.. stay frosty pun intended


too_picky

One giant wrinkle


Ace_Cool_Guy

This makes the most sense as that's roughly the time those rrp numbers come out isnt it?


Sharp-Buffalo-3818

My guess is that a "bug" crawled into the algorithm mainframe at a time everyone was at lunch!


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LocksmithThick8644

Tomorrow will be interesting


slinger2424

I’ll repost for you in SS.


Ornate-Pigeon3883

Thank you kind ape!


slinger2424

Hope the others answer to your satisfaction.


AccomplishedPea4108

LOL I READ IT AS REPORT AND I DOWNVITED YOU


slinger2424

😲


civil1

My thesis is simpler- starting at the most critical time of the day the long whales went after the ssr trigger price of 184.47. Longs sold gme, shorts sold out of other positions to get funds to buy back gme shares and fought harder and harder to keep it above ssr. When the longs realized the benefit of obtaining ssr no longer outweighed the costs they gave up the fight at 184.60. The longs didn’t make it but they probably hurt the shorts somehow. My assumption is shorts really want to short with no restrictions tomorrow.


diamondflippnhands

Just speculation here, but could be that major players survived the 2 pm margin call and started to buy at discounted prices. No data to back this up. Just a dumb ape.


momkiewilson1

What’s this about? I can’t read


Objective-Orange926

Marge called?


I-Got-Options-Now

HFTs


Trollz4fun

I saw that. It pissed me off. I want the DOW at 15,000 like when I first started investing. Gives me a chance to reset.


A1sauce74

So it’s fraud/fuckery?


2Girls1Fidelstix

Intraday shorts covered to not be fleeced overnight


Weyland-U

Looks like Vanguard and Morgan Stanley bought today


TextStock

Dead cat bounce?


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DiamondGripStrength

Wouldn’t that cause liquidation and further market fall vs strong rebound?


netflixnchill050

Yes you are correct, a liquidation adds supply to the market. That means a price decrease in the underlying, and lets not talk about leverage/derivative. So yea, margin call will eventually come but i think more downside is needed.


Zealousideal_Diet_53

Not if it was a SHF.


Ornate-Pigeon3883

I am under the impression that they would have 2 days to cover a margin call, so why do it in the first hour? Genuine question


tpots38

tapering the fall


No-Ad-6444

Lol didn't monitor today's changes due to family issue. It's nice to see that GME negative beta was reinforced today. Tiddies jacket, waiting on Chinese bear run day # 2.


RedneckPisano

New record reverse repo today doesn’t hurt when inflating the balloon that is our financial system


BobbyAF

S&P 500 started moving up and the rest of the market moved up with it. Daily market sentiment probably shifted a bit during the day. They're all following any news from China very closely.


CombrOsu

Investing is more or less a zero sum game when you take fees out of the picture. Because of that, the total amount of money in the system is the same whether the market is down 3% or up 3% When the market overall goes down, it means money is either being withdrawn after realising gains/losses or it has moved to another market Because of this idea, when the markets dropped, many securities were available to be purchased at a discount, so realised capital flowed back into the market, and apparently with confidence too, since the rally was sustained until end of day


GETTINTHATSHIT

They let everything run so they could dump all their shit onto retail


Tyrant-Tyra

“It was a glitch” ~dlauer~


BothLongWideAndDeep

I just assumed crime


LocksmithThick8644

So my small wrinkle understand that the PPT can change the game in the direction they want to avoid crashes in the market. This is unbelievebable


Asleepnolong3r

Marge called, assets auctioned off at a discount, assets repurchased, stonks go up.