Drop in Naz futures after 5pm ET

[m22au]

Any ideas for the reason behind the drop in Naz futures at 5:02pm ?

I have the QQQ dropping from 25.92 to 25.72 in 3 mins on over 500K volume

 

[Quah]

Quote from m22au:

Any ideas for the reason behind the drop in Naz futures at 5:02pm ?

I have the QQQ dropping from 25.92 to 22.72 in 3 mins on over 500K volume

MU miss.

 

[m22au]

Quote from Quah:



MU miss.

Thanks you beat me by a couple of mins. Very happy to take my shorts home tonight

 

[Minime]

I can't believe these companies could miss their numbers! A friend in Seattle said some larger companies are laying off left and right. I think things are worse than they appear.

 

[Babak]

Read Fleckenstein. He's been calling semis right for more than a dozen years. The DRAM prices plummeted after a little blip.

 

[fortuna]

let s see what they say in their presentation

 

[bungrider]

Quote from m22au:

Very happy to take my shorts home tonight

Preachin' to the choir, baby!!!

 

[EqtTrdr]

Yes MU dumped and so did the techs and NQ..

but whats up with the 11 point bounce after NQ sold off on MU news...

I mean short squeeze is one thing but damn, 11 pts?

Something ain't right here???

Techs all closed AH lower most at lod's

But NQ bounced 11 pts?

Comments?

 

[Lobster]

It was one of those days when opportunities appear outside of regular trading hours.

 

[SethArb]

its triple or if you count SSF ( quaduple ) witching week

maybe some if the movements in the futures are related to this