Tuesday, November 18, 2014
HD Home Depot 1-Minute Chart Flash Crash
At 3:55 PM EST, HD flash crashes on the NYSE from 96.30 to 86.52, -10.2%, in only a few seconds time. Home Depot recovers quickly back to 96.00 at 3:56 PM and finishes the day down -2.1% at 95.98. HD is a component in the Dow Jones Industrials; a Dirty 30 stock. The NYSE sweeps the incident under the rug and does not provide a reason for the mini flash crash. The NYSE cancels all HD trades under 93.33 during the last five minutes. The software glitches, fat finger trades, HFT shenanigans and technical malfunctions continue with frequency at the exchanges but no one cares since the focus is on a stock market that runs euphorically higher on central banker easy money. Watch your wallet. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.