What is so special about 2pm ?

[davew]

Many of the losing days recently have started fine, but at 2pm the sell orders came and market quickly dropped.

Is there some report or something released then? or is it just market manipulation so that some big players can suck billions from futures market?

[PaceAdvantage]

2pm is when FOMC announcements are released....sometimes it's the minutes of the last fed meeting...sometimes it's the FOMC statement after its two day meetings...stuff like that.

This past Wednesday the Fed announced it was raising interest rates

[AltonKelsey]

2pm is when this guy comes back from his liquid lunch and starts up the machines again. true that.


https://cultnews.com/wp-content/uploads/2015/01/wizard-.jpeg

[Saratoga_Mike]

Margin activity and ETFs righting books.

[cj]

Holy crap, what happened today at 2pm? I see market tanked big time again.

[Valuist]

The Fed said four interest rate hikes in 2018 was not likely. I will be shocked if we get 3. The market can't handle 3.