Can We Stop the EKG?

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Good morning, Slopers, and greetings from pitch-black Palo Alto, California.

I am hoping we can put an end to the completely-annoying EKG-style market we’re in, in which we actually have a sensible open (market down) only to be followed by a pointless and near-instant bidding-up of prices, terminated by five hours of the market doing absolutely nothing. It seems to have started already. As I was blearily looking at my iPad in bed, the ES was down 8. I ambled downstairs, and it’s down only 6.25 now. Well, down is down, and some day this war is gonna end.

0812-es