The Market is Manipulated by Algorithms Operating on Black Boxes

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by Chris Black

Algos control the market and they are programmed to keep a bid to the market.

Left alone the market will keep going up 15-20% a month.

If every human dropped dead, the market would still trade up to its pre-programmed destiny.

Humans cause a selloff, and then Skynet keeps trading the trend lines and charts like they matter to the economy.

If there was a spike twenty years ago, the algos see it as an indicator to front run the pattern.

It truly is a market for idiots.

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