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Stocks Rise Early Ahead of Fed Decision

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  • Description

    FBN’s Nicole Petallides breaks down the stocks moving the markets.

  • Duration 1:56
  • Date

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This transcript is automatically generated

Today but I do wanna go to the call something -- public Jones.

And new home.

Long I don't like to be hot died at -- likely to.

I liked keeps us all right so this is a pizza story and zawahiri value -- up about 8% they came out with their quarterly numbers earnings jumped.

And so you could see here they topped analysts' expectations the stock takes off.

I also wanted to bring something out to our viewers attention here's what we're at 315 million shares here.

On the floor of the exchange and what's going on the algorithms -- -- some of the electronic trading.

Well some of the stocks are.

Are moving a radically and we've had several stocks halted its something that every trader on this -- is aware of it seems to have dissipated some and and subsided.

But.

It was a crazy first hour because yet electronic trading really pushing some of the -- -- And of course adding today's volume.

Now this is other than usual on pregnancy is now no that's very little business was very low -- I'm gonna wanted to basically it's it's putting in all these orders and people are having to get in and get out stocks are moving erratically.

Well I think you know I think I have like a hundred stocks that exceeds -- the people talk about.

Any kind of trading disruption.

Any time when there's a flash crash to what you're seeing right now what any kind of disruption.

We send shivers down fast as they don't want to see its policy of not that regularly functions in an orderly fashion that's that they want -- I have two things to say number one thank god for these specialists the designated market makers -- I've seen them all the best.

And trying and trying to really regulate these stocks halting them when they needed to because these servers are putting in orders that seem to be -- -- unusual so that's number one.

Number check -- -- to us it doesn't matter I have to get back -- that you ride the human touch is quiet and that's which you go to the New York Stock Exchange very important I ever did and -- -- -- put out a statement and they go past the.

Article thanks a lot we're pretty much static at the Dow with a 36 point yeah.

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