volume spike QQQQ
- Thread starter dtrader98
- Start date
It's on all NASDAQ stocks. It took 12 minutes before it got back to normal! Probably some delayed quotes going through, like we had on NYSE two weeks ago!Quote from dtrader98:
Anyone see the wierd 3.5 mil share volume spike on QQQQ? It was way after inflation report, and it kept jumping discreetly all over the place... 1st up ~10c then down 5c ...
major program trading battle or something?
I noticed the irregular movement on the Qs around 8:20 PST. The T&S showed orders going through above ASK and below BID on the CINN (Cincinnati ?) exchange. This was causing the candle to jump up and down 5 or more cents at a time. Delayed processing of trades (at CINN) might explain this, as suggested.
Quote from dtrader98:
Anyone see the wierd 3.5 mil share volume spike on QQQQ? It was way after inflation report, and it kept jumping discreetly all over the place... 1st up ~10c then down 5c ...
major program trading battle or something?
Im noticing that with LEND and AAPL as well a couple of hours ago the price was jumping all over the place. Even the DOW is taking weird jumps, dont know if its my streamer or not but in some case it will jump 5-7 points in a .5 seconds.