People living in brand new subdivisions can probably bike to one. Their stock has shined over the last six months with a strategy of focusing on building more outlets in cities in North America that are growing. Simple stuff. Watch what happened yesterday on the release of their earning reports. Here is a 10:18 a.m. chart.
Pretty crazy stuff stuff right?. Now let me make one observation. At 9:30.59 a.m. the stock stopped falling. It was at $285.99. It was down something like ten dollars. It's funny how that much damage could happen in 59 seconds. For some reason that's when it's magical fall came to an abrupt end. Then at 9:33.59 a.m. the stock ended a mini-rally back up in the opposite direction. It moved up to $290.73. That wss an increase of $4.74 in 180 seconds! Notice the.99 second mark was part of the equation again. Then it sold off again. You can see that action on the chart. Doesn't it stand to reason that the .99 second mark is a trigger point for inflections? Let me digress for only a few seconds. I have a good friend who once worked on a ship in the Altantic ocean a number of years ago. The ship was installing fiber optic cable on the floor of the ocean. Why? Well, one north Americian company in the currency trading business wanted to receive data from overseas a few seconds faster than its competition to help make more informed trading decisons. I am not making this stuff up. How much faster it would be I don't know. The point is, big money was spent on the massive endeavour of laying new cable on a private line to gain an advantage. Now back to my observation of option contracts turning on a dime at the .99 second mark. Artificial intelligence and computer generated trading. The world of option trading is full of such trickery with the advantage going to the house. Yet there are cracks in their systems. This obviously is one of them as more people like me clue in on these kinds of observations. The really scary part now is that these artificial intelligence platforms will have to turn inwards and expend energies fighting with each other in this race to the top. For the time being this .99 mark is all you should be aware of. If I see it changing I will let you know. Now a trade.
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Mcdonalds came back up the following day.
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