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Art Cashin: We May Have Just Witnessed The Presence Of Artificial Intelligence In The Stock Market

From businessinsider.com

Wednesday morning, there was a violent sell-off in stocks that seemed to start exactly at 10:00 AM. This had some New York Stock Exchange floor traders scratching their heads. Art Cashin, UBS Financial Services' director of floor operations, caught some of the trader chatter and reported it in this morning's Cashin's Comments. It seems that the supernatural speed of the sell-off had traders thinking two words: artificial intelligence. Here's an excerpt from this morning's Comments: Algo My Way By Myself Or Open The Pod Doors, HAL - As noted, the instantaneous nature of the selloff around 10:00 raised lots of ... (full story)

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