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This Is Bad News For Market Manipulators

It appears the "go to" manipulation to rig stocks higher - the so-called VIXtermination algo - has lost its juice...

A 1.5 vol crush in VIX managed a mere 6 point rise in the S&P 500 (20% of what would have been expected!!)

 

 

Riggers - you have a problem! Paging Larry Fink some new ideas...

 

Charts: Bloomberg