At TFMR, the "dog days of summer" have typically fallen in the three weeks between the first Friday of August with the July BLSBS and The Fed's Jackson Holedown. And now, here we are. Woof, woof.
What should you expect during the Dog Days? Light volume and the occasional volatility that comes with it. All of this driven, of course, by HFT AlgoHell as most carbon-based traders in Europe and the U.S. take one final holiday before autumn begins.
Today kicks of the Dog Days and here we go. The NYSE opened at 8:30 CT on the charts below. Shortly thereafter, the POSX began to...
